WT Financial Group (ASX:WTL) ROCE % : 14.75% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is WT Financial 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. WT Financial Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.75%.

WT Financial Group ROCE % Historical Data

The historical data trend for WT Financial 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.

WT Financial Group ROCE % Chart

WT Financial Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-7.98

-3.78

-32.89

14.26

16.73

WT Financial Group Semi-Annual Data
	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													19.11	11.33	14.67	18.30	14.75

WT Financial Group ROCE % Calculation

WT Financial 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 )
	=	5.486	/	( ( (48.77 - 17.889)	+	(47.847 - 13.141) )	/ 2 )
	=	5.486	/	( (30.881	+	34.706)	/ 2 )
	=	5.486	/	32.7935
	=	16.73 %

WT Financial 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 )
	=	5.31	/	( ( (47.847 - 13.141)	+	(52.935 - 15.621) )	/ 2 )
	=	5.31	/	( ( 34.706	+	37.314 )	/ 2 )
	=	5.31	/	36.01
	=	14.75 %

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

WT Financial Group (ASX:WTL) 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.

WT Financial Group ROCE % Related Terms

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

WT Financial Group (ASX:WTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WT Financial Group Ltd (ASX:WTL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

95 Pitt Street, Level 5, Australia Square Plaza Building, Sydney, NSW, AUS, 2000

Website

https://www.wtfglimited.com

WT Financial Group Ltd is a diversified financial services company. The company's operating segment includes B2B and B2C. It includes financial planning, investment advice and product sales; Accounting and taxation services, and others. It generates maximum revenue from the financial planning, investment advice and product sales segment. Its Financial planning, investment advice and product sales segment include the provision of a diverse range of financial services encompassing financial planning in self-managed superannuation funds (SMSFs) and direct and SMSF residential real estate investment.

WT Financial Group (ASX:WTL) Headlines

No Headlines