Simpple (Simpple) ROCE % : 5.92% (As of Dec. 2022)

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What is Simpple 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. Simpple's annualized ROCE % for the quarter that ended in Dec. 2022 was 5.92%.

Simpple ROCE % Historical Data

The historical data trend for Simpple'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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Simpple ROCE % Chart

Simpple Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-13.41

25.12

-33.93

-247.27

Simpple Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial			-3.92	61.88	-107.29	5.92	-

Simpple ROCE % Calculation

Simpple'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 )
	=	-5.529	/	( ( (4.314 - 2.97)	+	(6.578 - 3.45) )	/ 2 )
	=	-5.529	/	( (1.344	+	3.128)	/ 2 )
	=	-5.529	/	2.236
	=	-247.27 %

Simpple's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	0.056	/	( ( (4.423 - 3.874)	+	(4.314 - 2.97) )	/ 2 )
	=	0.056	/	( ( 0.549	+	1.344 )	/ 2 )
	=	0.056	/	0.9465
	=	5.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

Simpple (NAS:SPPL) 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.

Simpple ROCE % Related Terms

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Simpple (Simpple) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Simpple Ltd (NAS:SPPL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 03-07, 71 Ayer Rajah Crescent, Singapore, SGP, 139951

Website

https://www.simpple.com.sg

Simpple Ltd delivers an ecosystem solution that combines Internet-of-Things devices, robotic solutions and an integrated software system operating in unison to position buildings to be future-ready.

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