Best of the Best (LSE:BOTB) ROCE % : 112.08% (As of Apr. 2023)

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What is Best of the Best 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. Best of the Best's annualized ROCE % for the quarter that ended in Apr. 2023 was 112.08%.

Best of the Best ROCE % Historical Data

The historical data trend for Best of the Best'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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Best of the Best ROCE % Chart

Best of the Best Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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148.96

183.02

229.32

60.37

77.19

Best of the Best Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
ROCE %	Get a 7-Day Free Trial															184.89	79.33	58.30	91.54	112.08

Best of the Best ROCE % Calculation

Best of the Best's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	5.409	/	( ( (12.184 - 4.124)	+	(8.247 - 2.293) )	/ 2 )
	=	5.409	/	( (8.06	+	5.954)	/ 2 )
	=	5.409	/	7.007
	=	77.19 %

Best of the Best's ROCE % of for the quarter that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2023 )		(Q: Oct. 2022 )		(Q: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2023 )		(Q: Oct. 2022 )		(Q: Apr. 2023 )
	=	5.424	/	( ( (6.706 - 2.981)	+	(8.247 - 2.293) )	/ 2 )
	=	5.424	/	( ( 3.725	+	5.954 )	/ 2 )
	=	5.424	/	4.8395
	=	112.08 %

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

Best of the Best (LSE:BOTB) 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.

Best of the Best ROCE % Related Terms

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Best of the Best (LSE:BOTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Best of the Best PLC (LSE:BOTB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

72/74 St Dionis Road, 2 Plato Place, London, GBR, SW6 4TU

Website

https://www.botb.com

Best of the Best PLC engages in a specialty lottery business. The company's only operating segment being the operation of weekly competitions to win luxury cars and other prizes. It generates revenue from the sale of tickets to the competition.

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