Audacia (XPAR:ALAUD) ROCE % : -5.50% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Audacia 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. Audacia's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.50%.

Audacia ROCE % Historical Data

The historical data trend for Audacia'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.

* Premium members only.

Audacia ROCE % Chart

Audacia Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

17.99

10.65

32.23

3.10

1.98

Audacia Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				9.94	8.23	-2.08	9.33	-5.50

Audacia ROCE % Calculation

Audacia's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	0.268	/	( ( (25.472 - 11.789)	+	(24.763 - 11.333) )	/ 2 )
	=	0.268	/	( (13.683	+	13.43)	/ 2 )
	=	0.268	/	13.5565
	=	1.98 %

Audacia'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 )
	=	-0.752	/	( ( (24.836 - 10.911)	+	(24.763 - 11.333) )	/ 2 )
	=	-0.752	/	( ( 13.925	+	13.43 )	/ 2 )
	=	-0.752	/	13.6775
	=	-5.50 %

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

Audacia (XPAR:ALAUD) 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.

Audacia ROCE % Related Terms

Thank you for viewing the detailed overview of Audacia's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Audacia (XPAR:ALAUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Audacia SA (XPAR:ALAUD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

58 rue d’Hauteville, Paris, FRA, 75010

Website

https://www.audacia.fr

Audacia SA is an independent management company, specializing in alternative asset classes that support entrepreneurs in their projects innovation and growth.

Audacia (XPAR:ALAUD) Headlines

No Headlines