Hargreaves Lansdown (Hargreaves Lansdown) ROCE % : 50.68% (As of Dec. 2023)

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What is Hargreaves Lansdown 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. Hargreaves Lansdown's annualized ROCE % for the quarter that ended in Dec. 2023 was 50.68%.

Hargreaves Lansdown ROCE % Historical Data

The historical data trend for Hargreaves Lansdown'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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Hargreaves Lansdown ROCE % Chart

Hargreaves Lansdown Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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69.04

72.53

65.07

42.05

62.32

Hargreaves Lansdown 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															50.83	39.99	65.31	62.30	50.68

Hargreaves Lansdown ROCE % Calculation

Hargreaves Lansdown'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 )
	=	508.965	/	( ( (1325.369 - 601.355)	+	(1623.485 - 714.015) )	/ 2 )
	=	508.965	/	( (724.014	+	909.47)	/ 2 )
	=	508.965	/	816.742
	=	62.32 %

Hargreaves Lansdown'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 )
	=	462.784	/	( ( (1623.485 - 714.015)	+	(1581.266 - 664.304) )	/ 2 )
	=	462.784	/	( ( 909.47	+	916.962 )	/ 2 )
	=	462.784	/	913.216
	=	50.68 %

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

Hargreaves Lansdown (OTCPK:HRGLY) 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.

Hargreaves Lansdown ROCE % Related Terms

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Hargreaves Lansdown (Hargreaves Lansdown) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hargreaves Lansdown PLC (OTCPK:HRGLY) » Definitions » ROCE %

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HRGLF:USA HLl:UK HL.:UK DMB:Germany

Address

Anchor Road, One College Square South, Bristol, GBR, BS1 5HL

Website

https://www.hl.co.uk

Hargreaves Lansdown PLC operates a large direct-to-investor investment service in the United Kingdom built around offerings tailored to client needs. Clients can elect to hold all their funds, stocks, bonds, ETFs, and other financial instruments in a single service with various tax advantages. The company also offers portfolio rebalancing, discretionary services and managed funds, third-party services, savings management, online and apps offerings, and other retirement solutions. The company's clients mostly comprise individual investors and corporate clients. It primarily earns recurring revenue through the administration and management of assets held under its platform, and secondarily earns transactional revenue through stockbroking commissions and initial advisory fees.

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