Loqus Holdings (MAL:LQS) ROCE % : -15.22% (As of Dec. 2023)

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What is Loqus Holdings 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. Loqus Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -15.22%.

Loqus Holdings ROCE % Historical Data

The historical data trend for Loqus Holdings'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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Loqus Holdings ROCE % Chart

Loqus Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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13.44

4.49

32.18

21.51

11.87

Loqus Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															28.44	18.48	15.22	8.28	-15.22

Loqus Holdings ROCE % Calculation

Loqus Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	0.961	/	( ( (13.532 - 4.947)	+	(13.568 - 5.962) )	/ 2 )
	=	0.961	/	( (8.585	+	7.606)	/ 2 )
	=	0.961	/	8.0955
	=	11.87 %

Loqus Holdings'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 )
	=	-1.092	/	( ( (13.568 - 5.962)	+	(13.308 - 6.562) )	/ 2 )
	=	-1.092	/	( ( 7.606	+	6.746 )	/ 2 )
	=	-1.092	/	7.176
	=	-15.22 %

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

Loqus Holdings (MAL:LQS) 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.

Loqus Holdings ROCE % Related Terms

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Loqus Holdings (MAL:LQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Loqus Holdings PLC (MAL:LQS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

SUB008A, Industrial Estate, San Gwann, MLT, 3000

Website

https://www.loqusgroup.com

Loqus Holdings PLC is a Malta-based company engaged in the provision of fleet management, back-office processing and information and communication solutions. The group operates in Malta, Europe, the Middle East and South Africa, and Australia. The operating segments of the company are Fleet management; Original equipment manufacturers; Back office processing and Projects. The fleet management segment generates the majority of revenue and is engaged in Vehicle and Marine Tracking Systems and Move Logistics Solutions including tailor-made solutions as well as off-the-shelf packages.

Loqus Holdings (MAL:LQS) Headlines

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