Western Pacific Trust Co (TSXV:WP) ROCE % : 31.11% (As of Mar. 2024)

View and export this data going back to 1964. Start your Free Trial

What is Western Pacific Trust Co 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. Western Pacific Trust Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 31.11%.

Western Pacific Trust Co ROCE % Historical Data

The historical data trend for Western Pacific Trust Co'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.

Western Pacific Trust Co ROCE % Chart

Western Pacific Trust Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.38

7.19

6.77

12.58

17.82

Western Pacific Trust Co 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															29.33	11.57	15.32	14.18	31.11

Western Pacific Trust Co ROCE % Calculation

Western Pacific Trust Co'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 )
	=	0.655	/	( ( (3.781 - 0.176)	+	(3.905 - 0.159) )	/ 2 )
	=	0.655	/	( (3.605	+	3.746)	/ 2 )
	=	0.655	/	3.6755
	=	17.82 %

Western Pacific Trust Co'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 )
	=	1.192	/	( ( (3.905 - 0.159)	+	(4.106 - 0.189) )	/ 2 )
	=	1.192	/	( ( 3.746	+	3.917 )	/ 2 )
	=	1.192	/	3.8315
	=	31.11 %

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

Western Pacific Trust Co (TSXV:WP) 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.

Western Pacific Trust Co ROCE % Related Terms

Thank you for viewing the detailed overview of Western Pacific Trust Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Western Pacific Trust Co (TSXV:WP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Pacific Trust Co (TSXV:WP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

920-789 West Pender Street, Suite 920, Vancouver, BC, CAN, V6C 1H2

Website

https://www.westernpacifictrust.com

Western Pacific Trust Co is a non-deposit-taking independent trust company. The company acts as Trustee for Self-Administered Registered Retirement Savings Plans (RRSP), which permit investors the tax-deferred benefits of a registered plan while maintaining control over their investment choices. It also offers self-administered Tax-Free Savings Accounts (TFSA), within which clients can earn tax-free investment income during their lifetime. The company operates in the Financial Services industry segment, and all operations are situated in Canada.

Executives

Garnett Cutler

Director