Elys Bmg Group (STU:3UW) ROCE % : -118.39% (As of Sep. 2023)

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What is Elys Bmg 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. Elys Bmg Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -118.39%.

Elys Bmg Group ROCE % Historical Data

The historical data trend for Elys Bmg 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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Elys Bmg Group ROCE % Chart

Elys Bmg Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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0.90

-27.00

-45.00

-55.02

-90.90

Elys Bmg Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-44.36	-166.91	-78.96	-122.88	-118.39

Elys Bmg Group ROCE % Calculation

Elys Bmg Group's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-18.535	/	( ( (39.452 - 8.697)	+	(20.161 - 10.136) )	/ 2 )
	=	-18.535	/	( (30.755	+	10.025)	/ 2 )
	=	-18.535	/	20.39
	=	-90.90 %

Elys Bmg Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-10.956	/	( ( (20.894 - 10.848)	+	(20.939 - 12.477) )	/ 2 )
	=	-10.956	/	( ( 10.046	+	8.462 )	/ 2 )
	=	-10.956	/	9.254
	=	-118.39 %

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

Elys Bmg Group (STU:3UW) 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.

Elys Bmg Group ROCE % Related Terms

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Elys Bmg Group (STU:3UW) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Elys Bmg Group Inc (STU:3UW) » Definitions » ROCE %

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ELYS:USA

Address

130 Adelaide Street, West, Suite 701, Toronto, ON, CAN, M5H 2K4

Website

https://www.elysgame.com

Elys Game Technology Corp is a fastest growing and technologically advanced Sports Betting and virtual sports betting products provider in the regulated business to business and business to consumer markets. It focuses on driving results for casino and leisure gaming operators with retail and digital solutions for Europe, North America and around the globe. The group operates into two segments namely Betting establishments and Betting platform software and services. Majority of revenue is generated from Betting establishments segment.

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