Eduform Action (XPAR:MLEFA) ROCE % : -4.22% (As of Dec. 2023)

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What is Eduform Action 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. Eduform Action's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.22%.

Eduform Action ROCE % Historical Data

The historical data trend for Eduform Action'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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Eduform Action ROCE % Chart

Eduform Action Annual Data

Trend

Dec22

Dec23

ROCE %

0.43

-4.22

Eduform Action Semi-Annual Data
	Dec22	Dec23
ROCE %	0.43	-4.22

Eduform Action ROCE % Calculation

Eduform Action'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 )
	=	-0.393	/	( ( (13.701 - 4.537)	+	(17.294 - 7.815) )	/ 2 )
	=	-0.393	/	( (9.164	+	9.479)	/ 2 )
	=	-0.393	/	9.3215
	=	-4.22 %

Eduform Action'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	-0.393	/	( ( (13.701 - 4.537)	+	(17.294 - 7.815) )	/ 2 )
	=	-0.393	/	( ( 9.164	+	9.479 )	/ 2 )
	=	-0.393	/	9.3215
	=	-4.22 %

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

Eduform Action (XPAR:MLEFA) 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.

Eduform Action ROCE % Related Terms

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Eduform Action (XPAR:MLEFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eduform Action (XPAR:MLEFA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Avenue George V, Paris, FRA, 75008

Website

http://www.monfinancier.com

Eduform Action, formerly Monfinancier is a France-based company providing financial solutions online.

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