Jungle21 (XPAR:MLJ21) ROCE % : 66.28% (As of Dec. 2023)

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What is Jungle21 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. Jungle21's annualized ROCE % for the quarter that ended in Dec. 2023 was 66.28%.

Jungle21 ROCE % Historical Data

The historical data trend for Jungle21'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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Jungle21 ROCE % Chart

Jungle21 Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

10.36

55.59

16.48

66.28

Jungle21 Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
ROCE %	10.36	55.59	16.48	66.28

Jungle21 ROCE % Calculation

Jungle21'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 )
	=	3.519	/	( ( (11.779 - 7.426)	+	(15.348 - 9.083) )	/ 2 )
	=	3.519	/	( (4.353	+	6.265)	/ 2 )
	=	3.519	/	5.309
	=	66.28 %

Jungle21'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 )
	=	3.519	/	( ( (11.779 - 7.426)	+	(15.348 - 9.083) )	/ 2 )
	=	3.519	/	( ( 4.353	+	6.265 )	/ 2 )
	=	3.519	/	5.309
	=	66.28 %

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

Jungle21 (XPAR:MLJ21) 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.

Jungle21 ROCE % Related Terms

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Jungle21 (XPAR:MLJ21) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jungle21 SA (XPAR:MLJ21) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Antonio Maura 16, 5 Derecha, Madrid, ESP, 28014

Website

https://www.jungle21.com

Jungle21 SA is an ecosystem of creative companies. It partners with brands and companies on a transformation path, accelerating their economic growth and positive impact, by solving business challenges through an integrated offer of consulting, product & and service design, advertising & content. The Group derives its revenues mainly from advertising activities.

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