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AdvancedAdvT (LSE:ADVT) ROCE % : -1.36% (As of Jun. 2023)


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What is AdvancedAdvT 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. AdvancedAdvT's annualized ROCE % for the quarter that ended in Jun. 2023 was -1.36%.


AdvancedAdvT ROCE % Historical Data

The historical data trend for AdvancedAdvT'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.

* Premium members only.

AdvancedAdvT ROCE % Chart

AdvancedAdvT Annual Data
Trend Jun21 Jun22
ROCE %
-1.97 -2.60

AdvancedAdvT Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROCE % Get a 7-Day Free Trial -3.56 -0.36 -4.85 -0.27 -1.36

AdvancedAdvT ROCE % Calculation

AdvancedAdvT'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: Jun. 2021 )(A: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=-2.799/( ( (111.206 - 0.152) + (105.981 - 1.557) )/ 2 )
=-2.799/( (111.054+104.424)/ 2 )
=-2.799/107.739
=-2.60 %

AdvancedAdvT'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: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-1.438/( ( (105.929 - 0.179) + (106.355 - 0.653) )/ 2 )
=-1.438/( ( 105.75 + 105.702 )/ 2 )
=-1.438/105.726
=-1.36 %

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

* 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.


AdvancedAdvT  (LSE:ADVT) 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.


AdvancedAdvT ROCE % Related Terms

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AdvancedAdvT (LSE:ADVT) Business Description

Traded in Other Exchanges
N/A
Address
11 Buckingham Street, London, GBR, WC2N 6DF
AdvancedAdvT Ltd has been formed to effect a merger, share exchange, asset acquisition, share or debt purchase, reorganization, or similar business combination with one or more businesses.

AdvancedAdvT (LSE:ADVT) Headlines

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