RMA Global (ASX:RMY) ROCE % : -987.50% (As of Dec. 2023)

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What is RMA Global ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. RMA Global's annualized ROCE % for the quarter that ended in Dec. 2023 was -987.50%.

RMA Global ROCE % Historical Data

The historical data trend for RMA Global's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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RMA Global ROCE % Chart

RMA Global Annual Data

Trend

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-102.72

-315.02

-155.99

-138.27

-331.53

RMA Global Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						-118.29	-204.05	-361.22	-230.31	-987.50

RMA Global ROCE % Calculation

RMA Global's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-4.779	/	( ( (8.239 - 6.815)	+	(8.59 - 7.131) )	/ 2 )
	=	-4.779	/	( (1.424	+	1.459)	/ 2 )
	=	-4.779	/	1.4415
	=	-331.53 %

RMA Global's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-4.108	/	( ( (8.59 - 7.131)	+	(5.963 - 6.59) )	/ 2 )
	=	-4.108	/	( ( 1.459	+	-0.627 )	/ 2 )
	=	-4.108	/	0.416
	=	-987.50 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

RMA Global (ASX:RMY) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

RMA Global ROCE % Related Terms

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RMA Global (ASX:RMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » RMA Global Ltd (ASX:RMY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

112?114 Balmain Street, Cremorne, Melbourne, VIC, AUS, 3121

Website

https://www.rma-global.com

RMA Global Ltd is an Australia based company. The company is engaged in the online digital marketing business. It provides data on a residential property sale. The company generates revenue from Subscription and Promoter. Geographically, it has a presence in the USA, Australia, and New Zealand. It derives a majority of revenue from Australia.

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