Constellation Technologies (ASX:CT1) ROCE % : -85.36% (As of Dec. 2023)

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What is Constellation Technologies 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. Constellation Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was -85.36%.

Constellation Technologies ROCE % Historical Data

The historical data trend for Constellation Technologies'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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Constellation Technologies ROCE % Chart

Constellation Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-150.23

-86.41

-77.58

-67.69

Constellation Technologies 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															-104.71	-96.36	-114.38	-25.01	-85.36

Constellation Technologies ROCE % Calculation

Constellation Technologies'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 )
	=	-0.66	/	( ( (1.378 - 0.389)	+	(1.254 - 0.293) )	/ 2 )
	=	-0.66	/	( (0.989	+	0.961)	/ 2 )
	=	-0.66	/	0.975
	=	-67.69 %

Constellation Technologies'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 )
	=	-0.816	/	( ( (1.254 - 0.293)	+	(1.333 - 0.382) )	/ 2 )
	=	-0.816	/	( ( 0.961	+	0.951 )	/ 2 )
	=	-0.816	/	0.956
	=	-85.36 %

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

Constellation Technologies (ASX:CT1) 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.

Constellation Technologies ROCE % Related Terms

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Constellation Technologies (ASX:CT1) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Constellation Technologies Ltd (ASX:CT1) » Definitions » ROCE %

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Address

420 Collins Street, Level 7, Melbourne, VIC, AUS, 3000

Website

https://www.ct1limited.com

Constellation Technologies Ltd specializes in Internet of Things (IoT) Product Development, Product Management for industry and government applications. The company offers multiple sensor and software solutions for a diverse array of industry applications with deployments in the USA, China, Australia and the Middle East. Its products under IoT products include Temperature Sensor, Humidity Sensor, Shipment Sensor, RTD (Temperature) Probe Sensor, pH Value Probe, and Gateway and Interface. Its operational management suite is offered stand-alone or bundled with IoT sensors and live streaming video feeds.

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