REDtone Digital Bhd (XKLS:0032) ROCE % : 25.20% (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is REDtone Digital Bhd 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. REDtone Digital Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 25.20%.

REDtone Digital Bhd ROCE % Historical Data

The historical data trend for REDtone Digital Bhd'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.

REDtone Digital Bhd ROCE % Chart

REDtone Digital Bhd Annual Data

Trend

May12

May13

May14

May15

Apr17

Apr18

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

5.94

13.45

24.21

27.88

30.60

REDtone Digital Bhd Quarterly Data
	Oct18	Jan19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															41.20	29.87	24.50	8.81	25.20

REDtone Digital Bhd ROCE % Calculation

REDtone Digital Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	78.549	/	( ( (297.967 - 72.289)	+	(426.112 - 138.393) )	/ 2 )
	=	78.549	/	( (225.678	+	287.719)	/ 2 )
	=	78.549	/	256.6985
	=	30.60 %

REDtone Digital Bhd'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 )
	=	68.624	/	( ( (419.32 - 146.385)	+	(366.518 - 94.828) )	/ 2 )
	=	68.624	/	( ( 272.935	+	271.69 )	/ 2 )
	=	68.624	/	272.3125
	=	25.20 %

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

REDtone Digital Bhd (XKLS:0032) 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.

REDtone Digital Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of REDtone Digital Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

REDtone Digital Bhd (XKLS:0032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » REDtone Digital Bhd (XKLS:0032) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

IOI Business Park, Suite 22-30, 5th Floor, Puchong, SGR, MYS, 47100

Website

https://www.redtone.com

REDtone Digital Bhd formerly REDtone International Bhd is a digital infrastructure and services provider that offers services under three categories that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs), Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure, and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry.

REDtone Digital Bhd (XKLS:0032) Headlines

No Headlines