Keystone Law Group (LSE:KEYS) ROCE % : 56.86% (As of Jan. 2024)

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

What is Keystone Law Group 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. Keystone Law Group's annualized ROCE % for the quarter that ended in Jan. 2024 was 56.86%.

Keystone Law Group ROCE % Historical Data

The historical data trend for Keystone Law Group'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.

Keystone Law Group ROCE % Chart

Keystone Law Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

Get a 7-Day Free Trial

32.95

32.53

44.83

44.85

57.54

Keystone Law Group Semi-Annual Data
	Jan15	Jan16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
ROCE %	Get a 7-Day Free Trial												44.20	46.41	50.02	59.79	56.86

Keystone Law Group ROCE % Calculation

Keystone Law Group's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	10.993	/	( ( (37.88 - 19.595)	+	(41.295 - 21.37) )	/ 2 )
	=	10.993	/	( (18.285	+	19.925)	/ 2 )
	=	10.993	/	19.105
	=	57.54 %

Keystone Law Group's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	10.956	/	( ( (40.742 - 22.132)	+	(41.295 - 21.37) )	/ 2 )
	=	10.956	/	( ( 18.61	+	19.925 )	/ 2 )
	=	10.956	/	19.2675
	=	56.86 %

(1) Note: The EBIT data used here is two times the semi-annual (Jan. 2024) EBIT data.

Keystone Law Group (LSE:KEYS) 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.

Keystone Law Group ROCE % Related Terms

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

Keystone Law Group (LSE:KEYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Keystone Law Group PLC (LSE:KEYS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 Chancery Lane, London, GBR, WC2A 1JF

Website

https://www.keystonelaw.com

Keystone Law Group PLC is a law firm. The company provides legal services to a client base comprising of small and medium enterprises and private individuals. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, and private client. It derives revenue from rendering of services and other revenue. It serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.