Big Lots (LTS:0HN5) ROCE % : -3.65% (As of Jan. 2024)

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What is Big Lots 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. Big Lots's annualized ROCE % for the quarter that ended in Jan. 2024 was -3.65%.

Big Lots ROCE % Historical Data

The historical data trend for Big Lots'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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Big Lots ROCE % Chart

Big Lots Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

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18.06

31.96

8.26

-9.33

-14.71

Big Lots Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-1.11	-37.36	-18.21	3.00	-3.65

Big Lots ROCE % Calculation

Big Lots'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 )
	=	-387.35	/	( ( (3690.931 - 919.854)	+	(3325.309 - 831.019) )	/ 2 )
	=	-387.35	/	( (2771.077	+	2494.29)	/ 2 )
	=	-387.35	/	2632.6835
	=	-14.71 %

Big Lots'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: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-95.084	/	( ( (3625.489 - 912.176)	+	(3325.309 - 831.019) )	/ 2 )
	=	-95.084	/	( ( 2713.313	+	2494.29 )	/ 2 )
	=	-95.084	/	2603.8015
	=	-3.65 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

Big Lots (LTS:0HN5) 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.

Big Lots ROCE % Related Terms

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Big Lots (LTS:0HN5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Big Lots Inc (LTS:0HN5) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BIG:USA 4B3:Germany

Address

4900 East Dublin-Granville Road, Columbus, OH, USA, 43081

Website

https://www.biglots.com

Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.

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