US Global Investors (LTS:0LHX) ROCE % : 0.32% (As of Mar. 2024)

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What is US Global Investors 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. US Global Investors's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.32%.

US Global Investors ROCE % Historical Data

The historical data trend for US Global Investors'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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US Global Investors ROCE % Chart

US Global Investors Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-11.15

-12.29

22.09

8.92

7.64

US Global Investors Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															14.78	6.55	-1.85	12.96	0.32

US Global Investors ROCE % Calculation

US Global Investors'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 )
	=	4.087	/	( ( (58.362 - 4.132)	+	(55.673 - 2.939) )	/ 2 )
	=	4.087	/	( (54.23	+	52.734)	/ 2 )
	=	4.087	/	53.482
	=	7.64 %

US Global Investors's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	0.164	/	( ( (53.632 - 2.153)	+	(52.772 - 2.341) )	/ 2 )
	=	0.164	/	( ( 51.479	+	50.431 )	/ 2 )
	=	0.164	/	50.955
	=	0.32 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

US Global Investors (LTS:0LHX) 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.

US Global Investors ROCE % Related Terms

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US Global Investors (LTS:0LHX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » US Global Investors Inc (LTS:0LHX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GROW:USA UGL:Germany

Address

7900 Callaghan Road, San Antonio, TX, USA, 78229

Website

https://www.usfunds.com

US Global Investors Inc is a registered investment advisory firm. The company furnishes an investment program for each of the clients it manages and determines, subject to overall supervision by the applicable board of trustees of the clients, the clients investments pursuant to an advisory agreement. US Global manages the following business segments: Investment management services; Investment management services; and Corporate Investments. It derives all its revenue from Investment management services.

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