PRT Co (ASX:PRT) ROCE % : -184.24% (As of Dec. 2022)

View and export this data going back to 1984. Start your Free Trial

What is PRT Co 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. PRT Co's annualized ROCE % for the quarter that ended in Dec. 2022 was -184.24%.

PRT Co ROCE % Historical Data

The historical data trend for PRT Co'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.

PRT Co ROCE % Chart

PRT Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

17.23

14.19

37.16

-12.01

-183.78

PRT Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															33.15	-	-	-184.24	-158.30

PRT Co ROCE % Calculation

PRT Co'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 )
	=	-0.34	/	( ( (0.378 - 0.087)	+	(0.137 - 0.058) )	/ 2 )
	=	-0.34	/	( (0.291	+	0.079)	/ 2 )
	=	-0.34	/	0.185
	=	-183.78 %

PRT Co's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	-0.456	/	( ( (0.378 - 0.087)	+	(0.32 - 0.116) )	/ 2 )
	=	-0.456	/	( ( 0.291	+	0.204 )	/ 2 )
	=	-0.456	/	0.2475
	=	-184.24 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

PRT Co (ASX:PRT) 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.

PRT Co ROCE % Related Terms

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

PRT Co (ASX:PRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PRT Co Ltd (ASX:PRT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

363 Antill Street, Watson, Canberra, ACT, AUS, 2602

Website

https://www.prtcompany.com.au

PRT Co Ltd provides free to air commercial television broadcasting services in regional New South Wales, the Australian Capital Territory, regional Victoria, and the Gold Coast area of Southern Queensland and Western Australia. The Group operates in a single regional free-to-air television broadcasting segment. The company's television programming is supplied through a program supply agreement with the Seven Network and broadcast under the PRIME7 brand on the east coast and the GWN7 brand in regional Western Australia. The company discontinued all its operations.