Sky and Space Co (Sky and Space Co) ROCE % : 0.00% (As of Dec. 2020)

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What is Sky and Space 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. Sky and Space Co's annualized ROCE % for the quarter that ended in Dec. 2020 was 0.00%.

Sky and Space Co ROCE % Historical Data

The historical data trend for Sky and Space 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.

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Sky and Space Co ROCE % Chart

Sky and Space Co Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

ROCE %

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-261.20

-158.43

-43.65

-253.68

Sky and Space Co Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
ROCE %	Get a 7-Day Free Trial															-42.39	-523.45	-	-	-

Sky and Space Co ROCE % Calculation

Sky and Space Co's annualized ROCE % for the fiscal year that ended in Jun. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2020 )		(A: Jun. 2019 )		(A: Jun. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2020 )		(A: Jun. 2019 )		(A: Jun. 2020 )
	=	-9.186	/	( ( (3.588 - 2.292)	+	(0.595 - 5.537) )	/ 2 )
	=	-9.186	/	( (1.296	+	-4.942)	/ 2 )
	=	-9.186	/	-1.823
	=	503.89 %

Sky and Space Co's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2020 )		(Q: Jun. 2020 )		(Q: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2020 )		(Q: Jun. 2020 )		(Q: Dec. 2020 )
	=	-2.478	/	( ( (0.595 - 5.537)	+	(0.813 - 7.029) )	/ 2 )
	=	-2.478	/	( ( -4.942	+	-6.216 )	/ 2 )
	=	-2.478	/	-5.579
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2020) EBIT data.

Sky and Space Co (GREY:BENGF) 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.

Sky and Space Co ROCE % Related Terms

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Sky and Space Co (Sky and Space Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sky and Space Co Ltd (GREY:BENGF) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Barringtons House, 283 Rokeby Road, Subiaco, WA, AUS, 6008

Website

https://www.skyandspace.co

Sky and Space Co Ltd is a nano-satellite, space technology company with European and Israeli centres of aerospace, satellite and software industry experts. Its core business is to construct and operate a communications infrastructure based on nanosatellite technology and develop highly sophisticated software systems that will deploy, maintain orbit control and handle the communication network in space to provide global coverage.

Sky and Space Co (Sky and Space Co) Headlines

From GuruFocus

Sky and Space Global Commended by Frost & Sullivan for Pioneering the Deployment of Communication Nano-Satellites

By PRNewswire PRNewswire • 10-08-2018