FireAngelfety Technology Group (LSE:FA.) ROCE % : -40.05% (As of Jun. 2023)

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What is FireAngelfety Technology 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. FireAngelfety Technology Group's annualized ROCE % for the quarter that ended in Jun. 2023 was -40.05%.

FireAngelfety Technology Group ROCE % Historical Data

The historical data trend for FireAngelfety Technology 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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FireAngelfety Technology Group ROCE % Chart

FireAngelfety Technology Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-19.68

-43.01

-49.36

-17.75

-27.51

FireAngelfety Technology Group 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															-14.47	-16.05	-14.57	-40.47	-40.05

FireAngelfety Technology Group ROCE % Calculation

FireAngelfety Technology Group's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-5.685	/	( ( (34.077 - 10.083)	+	(37.719 - 20.382) )	/ 2 )
	=	-5.685	/	( (23.994	+	17.337)	/ 2 )
	=	-5.685	/	20.6655
	=	-27.51 %

FireAngelfety Technology Group's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-7.16	/	( ( (37.719 - 20.382)	+	(35.414 - 16.993) )	/ 2 )
	=	-7.16	/	( ( 17.337	+	18.421 )	/ 2 )
	=	-7.16	/	17.879
	=	-40.05 %

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

FireAngelfety Technology Group (LSE:FA.) 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.

FireAngelfety Technology Group ROCE % Related Terms

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FireAngelfety Technology Group (LSE:FA.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FireAngel Safety Technology Group PLC (LSE:FA.) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SPRP.GB:UK

Address

Sir William Lyons Road, The `Vanguard Centre, Coventry, West Midlands, GBR, CV4 7EZ

Website

https://www.fireangeltech.com

FireAngel Safety Technology Group PLC is a UK-based company, which is focused on providing market-foremost smoke detectors, carbon monoxide detectors, and other home safety products. Geographically, it derives majority of its revenue from the United Kingdom and has a presence throughout Continental Europe. It generates revenue from an operation such as International, Trade, Retail, Fire and Rescue Services, Utilities, and Pace Sensors. The company offers products under various brands which include FireAngel, AngelEye, FireAngel Pro, FireAngel Connect, and Pace Sensors.

FireAngelfety Technology Group (LSE:FA.) Headlines

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