Capital Point (XTAE:CPTP) ROCE % : -32.89% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Capital Point 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. Capital Point's annualized ROCE % for the quarter that ended in Dec. 2023 was -32.89%.

Capital Point ROCE % Historical Data

The historical data trend for Capital Point'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.

Capital Point ROCE % Chart

Capital Point Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-5.40

-4.80

-6.12

-6.53

-7.68

Capital Point Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-40.47	-4.67	-8.14	18.32	-32.89

Capital Point ROCE % Calculation

Capital Point'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 )
	=	-10.881	/	( ( (162.5 - 22.288)	+	(166.365 - 23.389) )	/ 2 )
	=	-10.881	/	( (140.212	+	142.976)	/ 2 )
	=	-10.881	/	141.594
	=	-7.68 %

Capital Point'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-48.552	/	( ( (176.558 - 24.34)	+	(166.365 - 23.389) )	/ 2 )
	=	-48.552	/	( ( 152.218	+	142.976 )	/ 2 )
	=	-48.552	/	147.597
	=	-32.89 %

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

Capital Point (XTAE:CPTP) 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.

Capital Point ROCE % Related Terms

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

Capital Point (XTAE:CPTP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Capital Point Ltd (XTAE:CPTP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Azrieli Towers, Tel Aviv, ISR

Website

Capital Point Ltd is a holding company. The Company focuses its investments in technology based early stage companies in biotechnological and medical industry.