Vox Valor Capital (LSE:VOX) ROCE % : -2.91% (As of Dec. 2023)

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What is Vox Valor 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. Vox Valor Capital's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.91%.

Vox Valor Capital ROCE % Historical Data

The historical data trend for Vox Valor 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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Vox Valor Capital ROCE % Chart

Vox Valor Capital Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-94.93

-80.11

-0.36

Vox Valor Capital Semi-Annual Data
	Dec20	Dec21	Jun22	Jun23	Dec23
ROCE %	-	-	-1,033.33	2.21	-2.91

Vox Valor Capital ROCE % Calculation

Vox Valor Capital'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 )
	=	-0.033	/	( ( (11.606 - 2.635)	+	(9.946 - 0.742) )	/ 2 )
	=	-0.033	/	( (8.971	+	9.204)	/ 2 )
	=	-0.033	/	9.0875
	=	-0.36 %

Vox Valor Capital'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 )
	=	-0.266	/	( ( (9.613 - 0.544)	+	(9.946 - 0.742) )	/ 2 )
	=	-0.266	/	( ( 9.069	+	9.204 )	/ 2 )
	=	-0.266	/	9.1365
	=	-2.91 %

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

Vox Valor Capital (LSE:VOX) 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.

Vox Valor Capital ROCE % Related Terms

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Vox Valor Capital (LSE:VOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vox Valor Capital Ltd (LSE:VOX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Forbes Hare Trust Company Limited, 10 Market Street, Suite 716, Cassia Court, Camana Bay, Grand Cayman, CYM, KY1-9006

Website

https://www.voxvalor.com

Vox Valor Capital Ltd is the holding company for Vox Capital Limited and its subsidiary companies. It has a focus on making acquisitions of majority stakes in the financial services sector, fund management businesses, niche investment banks, trustee and custodian services businesses, and financial planning businesses.