AtlasClear Holdings (AtlasClear Holdings) ROCE % : 2.39% (As of Jun. 2023)

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What is AtlasClear Holdings 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. AtlasClear Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 2.39%.

AtlasClear Holdings ROCE % Historical Data

The historical data trend for AtlasClear Holdings'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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AtlasClear Holdings ROCE % Chart

AtlasClear Holdings Annual Data

Trend

Jun22

ROCE %

17.34

AtlasClear Holdings Semi-Annual Data
	Jun22	Jun23
ROCE %	17.34	2.39

AtlasClear Holdings ROCE % Calculation

AtlasClear Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: . 20 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: . 20 )		(A: Jun. 2022 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

AtlasClear Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	0.259	/	( ( (64.334 - 53.495)	+	(40.588 - 29.762) )	/ 2 )
	=	0.259	/	( ( 10.839	+	10.826 )	/ 2 )
	=	0.259	/	10.8325
	=	2.39 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2023) EBIT data.

AtlasClear Holdings (AMEX:ATCH) 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.

AtlasClear Holdings ROCE % Related Terms

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AtlasClear Holdings (AtlasClear Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607

Website

https://www.atlasclear.com

AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines

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