Triad Group (FRA:TD8) ROCE % : -36.89% (As of Sep. 2023)

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What is Triad 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. Triad Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -36.89%.

Triad Group ROCE % Historical Data

The historical data trend for Triad 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.

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Triad Group ROCE % Chart

Triad Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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18.65

-9.45

12.51

18.37

0.82

Triad Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															22.55	13.53	-13.42	15.87	-36.89

Triad Group ROCE % Calculation

Triad Group's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	0.06	/	( ( (10.622 - 2.948)	+	(9.868 - 2.903) )	/ 2 )
	=	0.06	/	( (7.674	+	6.965)	/ 2 )
	=	0.06	/	7.3195
	=	0.82 %

Triad Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-2.242	/	( ( (9.868 - 2.903)	+	(7.371 - 2.181) )	/ 2 )
	=	-2.242	/	( ( 6.965	+	5.19 )	/ 2 )
	=	-2.242	/	6.0775
	=	-36.89 %

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

Triad Group (FRA:TD8) 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.

Triad Group ROCE % Related Terms

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Triad Group (FRA:TD8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Triad Group PLC (FRA:TD8) » Definitions » ROCE %

Comparable Companies

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TRD:UK

Address

Catteshall Lane, Huxley House, Weyside Park, Godalming, Surrey, GBR, GU7 1XE

Website

https://www.triad.co.uk

Triad Group PLC is a UK-based company that is engaged in the provision of Information Technology (IT) consultancy and solutions services and IT resources to the public sector, private sector, and not-for-profit sector. Its services include consulting, programme management, project delivery, software delivery, and support activities. Geographically, it operates and derives revenue from the United Kingdom.

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