Alpha Growth (LSE:ALGW) ROCE % : -17.17% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Alpha Growth 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. Alpha Growth's annualized ROCE % for the quarter that ended in Dec. 2023 was -17.17%.

Alpha Growth ROCE % Historical Data

The historical data trend for Alpha Growth'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.

Alpha Growth ROCE % Chart

Alpha Growth Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-1,090.91

-497.30

-303.21

44.20

-11.00

Alpha Growth Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						-149.83	-52.45	84.29	-4.57	-17.17

Alpha Growth ROCE % Calculation

Alpha Growth'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 )
	=	-1.47	/	( ( (462.611 - 448.686)	+	(468.858 - 456.065) )	/ 2 )
	=	-1.47	/	( (13.925	+	12.793)	/ 2 )
	=	-1.47	/	13.359
	=	-11.00 %

Alpha Growth'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 )
	=	-2.302	/	( ( (444.371 - 430.353)	+	(468.858 - 456.065) )	/ 2 )
	=	-2.302	/	( ( 14.018	+	12.793 )	/ 2 )
	=	-2.302	/	13.4055
	=	-17.17 %

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

Alpha Growth (LSE:ALGW) 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.

Alpha Growth ROCE % Related Terms

Thank you for viewing the detailed overview of Alpha Growth's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Alpha Growth (LSE:ALGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alpha Growth PLC (LSE:ALGW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Berkeley Square, Mayfair, London, GBR, W1J 5BF

Website

https://www.algwplc.com

Alpha Growth PLC is a financial advisory company that provides advice and consultancy services to existing institutional and prospective holders of Senior Life Settlements (SLS). It offers advisory services, strategies, performance monitoring, and analytical services to existing and prospective holders of SLS Assets, mainly through acquisition strategies, performance monitoring, and analytical services. The company provides advisory services to the SPVs and the corporate finance adviser engaged for the bond issue and acquisition.

Alpha Growth (LSE:ALGW) Headlines

No Headlines