17LIVE Group (SGX:LVR) ROCE % : -808.73% (As of Dec. 2023)

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What is 17LIVE Group 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. 17LIVE Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -808.73%.

17LIVE Group ROCE % Historical Data

The historical data trend for 17LIVE Group'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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17LIVE Group ROCE % Chart

17LIVE Group Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

17LIVE Group Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
ROCE %	3.75	-514.08	-	-808.73

17LIVE Group ROCE % Calculation

17LIVE Group'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 )
	=	-326.207	/	( ( (139.817 - 384.717)	+	(218.655 - 93.334) )	/ 2 )
	=	-326.207	/	( (-244.9	+	125.321)	/ 2 )
	=	-326.207	/	-59.7895
	=	545.59 %

17LIVE Group'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 )
	=	-664.012	/	( ( (216.622 - 177.731)	+	(218.655 - 93.334) )	/ 2 )
	=	-664.012	/	( ( 38.891	+	125.321 )	/ 2 )
	=	-664.012	/	82.106
	=	-808.73 %

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

17LIVE Group (SGX:LVR) 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.

17LIVE Group ROCE % Related Terms

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17LIVE Group (SGX:LVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 17LIVE Group Ltd (SGX:LVR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 North Bridge Road, No.11-01, Raffles City Tower, Singapore, SGP, 179101

Website

https://www.vertexspac.com

17LIVE Group Ltd Formerly Vertex Technology Acquisition Corp Ltd is a special-purpose investment vehicle intended to provide public market investors with access to a value-creating business at a fast growth stage of its life cycle and at the forefront of technological transformation.

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