Lifestyle Global Enterprise (ROCO:8066) ROCE % : 9.24% (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Lifestyle Global Enterprise 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. Lifestyle Global Enterprise's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.24%.

Lifestyle Global Enterprise ROCE % Historical Data

The historical data trend for Lifestyle Global Enterprise'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.

Lifestyle Global Enterprise ROCE % Chart

Lifestyle Global Enterprise Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

30.56

19.10

17.88

19.15

12.31

Lifestyle Global Enterprise Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															2.93	12.71	14.87	20.45	9.24

Lifestyle Global Enterprise ROCE % Calculation

Lifestyle Global Enterprise'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 )
	=	103.198	/	( ( (1530.847 - 652.723)	+	(1590.176 - 791.811) )	/ 2 )
	=	103.198	/	( (878.124	+	798.365)	/ 2 )
	=	103.198	/	838.2445
	=	12.31 %

Lifestyle Global Enterprise's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	74.86	/	( ( (1590.176 - 791.811)	+	(1423.144 - 601.876) )	/ 2 )
	=	74.86	/	( ( 798.365	+	821.268 )	/ 2 )
	=	74.86	/	809.8165
	=	9.24 %

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

Lifestyle Global Enterprise (ROCO:8066) 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.

Lifestyle Global Enterprise ROCE % Related Terms

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

Lifestyle Global Enterprise (ROCO:8066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lifestyle Global Enterprise Inc (ROCO:8066) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.86, Xinhu 1st Road, 3rd Floor, NeiHu District, Taipei, TWN, 114

Website

https://www.lifestyle-global.com

Lifestyle Global Enterprise Inc is a Taiwan-based company engaged in the manufacturing of furniture. The company wholesales and retails furniture, bedding, kitchen utensils and decoration, as well as provides art consulting services. Its segments are Furniture merchandising, and Exhibition management. It manufactures Sofas, Bed, Sectionals, Home theater, Dining tables. The company wholesales in Europe and America.

Lifestyle Global Enterprise (ROCO:8066) Headlines

No Headlines