Blue Star Capital (LSE:BLU) ROCE % : -2.25% (As of Sep. 2023)

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What is Blue Star Capital 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. Blue Star Capital's annualized ROCE % for the quarter that ended in Sep. 2023 was -2.25%.

Blue Star Capital ROCE % Historical Data

The historical data trend for Blue Star Capital'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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Blue Star Capital ROCE % Chart

Blue Star Capital Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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-5.40

-6.66

-2.95

-3.03

-5.30

Blue Star Capital Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															-3.05	-1.65	-4.60	-6.48	-2.25

Blue Star Capital ROCE % Calculation

Blue Star Capital's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-0.444	/	( ( (11.485 - 0.07)	+	(5.361 - 0.032) )	/ 2 )
	=	-0.444	/	( (11.415	+	5.329)	/ 2 )
	=	-0.444	/	8.372
	=	-5.30 %

Blue Star Capital's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-0.178	/	( ( (10.561 - 0.07)	+	(5.361 - 0.032) )	/ 2 )
	=	-0.178	/	( ( 10.491	+	5.329 )	/ 2 )
	=	-0.178	/	7.91
	=	-2.25 %

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

Blue Star Capital (LSE:BLU) 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.

Blue Star Capital ROCE % Related Terms

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Blue Star Capital (LSE:BLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blue Star Capital PLC (LSE:BLU) » Definitions » ROCE %

Comparable Companies

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N/A

Address

135 High Street, Griffin House, Crawley, West Sussex, GBR, RH10 1DQ

Website

https://www.bluestarcapital.co.uk

Blue Star Capital PLC is a United Kingdom-based investment company. Its business includes investing in assets or companies in the sectors such as gaming, media, and technology. The company also holds investments in investee companies in other sectors by way of equity, debt, or convertible securities. It focuses on capital appreciation from a diversified portfolio of quoted and unquoted investments.