Strong Global Entertainment (Strong Global Entertainment) ROCE % : 86.17% (As of Dec. 2023)

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What is Strong Global Entertainment 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. Strong Global Entertainment's annualized ROCE % for the quarter that ended in Dec. 2023 was 86.17%.

Strong Global Entertainment ROCE % Historical Data

The historical data trend for Strong Global Entertainment'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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Strong Global Entertainment ROCE % Chart

Strong Global Entertainment Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

12.96

9.17

28.55

30.37

Strong Global Entertainment Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial									54.58	19.17	-8.64	8.64	86.17

Strong Global Entertainment ROCE % Calculation

Strong Global Entertainment'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 )
	=	3.683	/	( ( (25.538 - 14.937)	+	(26.526 - 12.871) )	/ 2 )
	=	3.683	/	( (10.601	+	13.655)	/ 2 )
	=	3.683	/	12.128
	=	30.37 %

Strong Global Entertainment'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	12.532	/	( ( (32.962 - 17.53)	+	(26.526 - 12.871) )	/ 2 )
	=	12.532	/	( ( 15.432	+	13.655 )	/ 2 )
	=	12.532	/	14.5435
	=	86.17 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Strong Global Entertainment (AMEX:SGE) 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.

Strong Global Entertainment ROCE % Related Terms

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Strong Global Entertainment (Strong Global Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Strong Global Entertainment Inc (AMEX:SGE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4201 Congress Street, Suite 175, Charlotte, NC, USA, 28209

Website

https://www.strong-entertainment.com

Strong Global Entertainment Inc is engaged in providing products and services to cinema exhibitors and entertainment venues. It manufactures and distributes premium large format projection screens, provide comprehensive managed services, technical support and related products and services primarily to cinema exhibitors, theme parks, educational institutions, and similar venues. It also provides maintenance, repair, installation, network support services and other services to cinema operators, primarily in the United States.

Executives

Mark D. Roberson	director, officer: CEO and Director	27271 LAS RAMBLAS, STE. 200, MISSION VIEJO CA 92691
Fg Group Holdings Inc.	10 percent owner	4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Strong/mdi Screen Systems, Inc.	10 percent owner	1440 RAOUL-CHARETTE, JOLIETTE A8 J6E 8S7
Kyle Cerminara	director	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Ray Boegner	officer: President	4350 MCKINLEY ST, OMAHA NE 68112
Todd Robert Major	officer: CFO, Secretary & Treasury	4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
John W. Struble	director	C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Marsha G King	director	C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Govignon Richard Edward Jr	director	54 ANNETTE DR, MARLBORO NJ 07746

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