Lincoln Educational Services (FRA:K1L) ROCE % : 0.34% (As of Mar. 2024)

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What is Lincoln Educational Services 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. Lincoln Educational Services's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.34%.

Lincoln Educational Services ROCE % Historical Data

The historical data trend for Lincoln Educational Services'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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Lincoln Educational Services ROCE % Chart

Lincoln Educational Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.83

8.99

24.94

7.35

13.97

Lincoln Educational Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-1.11	40.78	4.70	14.72	0.34

Lincoln Educational Services ROCE % Calculation

Lincoln Educational Services's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	32.999	/	( ( (275.238 - 51.939)	+	(316.593 - 67.317) )	/ 2 )
	=	32.999	/	( (223.299	+	249.276)	/ 2 )
	=	32.999	/	236.2875
	=	13.97 %

Lincoln Educational Services's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	0.884	/	( ( (316.593 - 67.317)	+	(326.75 - 55.091) )	/ 2 )
	=	0.884	/	( ( 249.276	+	271.659 )	/ 2 )
	=	0.884	/	260.4675
	=	0.34 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Lincoln Educational Services (FRA:K1L) 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.

Lincoln Educational Services ROCE % Related Terms

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Lincoln Educational Services (FRA:K1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lincoln Educational Services Corp (FRA:K1L) » Definitions » ROCE %

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LINC:USA

Address

14 Sylvan Way, Suite A, Parsippany, NJ, USA, 07054

Website

https://www.lincolntech.edu

Lincoln Educational Services Corp provides diversified career-oriented post-secondary education to high school graduates and working adults. The company offers programs in automotive technology, skilled trades, healthcare services, hospitality services and business and information technology. Its business is organized into three reportable business segments: Transportation and Skilled Trades, Healthcare and Other Professions (HOPS), and Transitional. It derives most of the revenue from the Transportation and Skilled Trades segment which offers academic programs mainly in the career-oriented disciplines of transportation and skilled trades such as automotive, diesel, HVAC, welding, and manufacturing.

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