AJ Lucas Group (AJ Lucas Group) ROCE % : 38.37% (As of Dec. 2023)

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

What is AJ Lucas Group 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. AJ Lucas Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 38.37%.

AJ Lucas Group ROCE % Historical Data

The historical data trend for AJ Lucas Group'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.

AJ Lucas Group ROCE % Chart

AJ Lucas Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

1.99

9.79

8.66

3.87

-157.56

AJ Lucas Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															7.80	-0.82	-648.17	-	38.37

AJ Lucas Group ROCE % Calculation

AJ Lucas Group'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 )
	=	-96.095	/	( ( (155.093 - 58.335)	+	(69.895 - 44.676) )	/ 2 )
	=	-96.095	/	( (96.758	+	25.219)	/ 2 )
	=	-96.095	/	60.9885
	=	-157.56 %

AJ Lucas Group'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 )
	=	8.864	/	( ( (69.895 - 44.676)	+	(71.871 - 50.882) )	/ 2 )
	=	8.864	/	( ( 25.219	+	20.989 )	/ 2 )
	=	8.864	/	23.104
	=	38.37 %

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

AJ Lucas Group (OTCPK:AJLGF) 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.

AJ Lucas Group ROCE % Related Terms

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

AJ Lucas Group (AJ Lucas Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » AJ Lucas Group Ltd (OTCPK:AJLGF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FW9:Germany AJL:Australia

Address

167 Eagle Street, Level 22, Emirates House, Brisbane, QLD, AUS, 4000

Website

https://www.lucas.com.au

AJ Lucas Group Ltd is a provider of drilling services in Australia in the coal sector, but also in the wider energy, water, and wastewater and resources sectors. The company is structured into two principal operating segments: Drilling and UK Oil & Gas Operations. All of the company's revenues are generated from the Drilling segment in Australia.

AJ Lucas Group (AJ Lucas Group) Headlines

No Headlines