Alliance Global Group (Alliance Global Group) ROCE % : 7.72% (As of Sep. 2023)

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What is Alliance Global 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. Alliance Global Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 7.72%.

Alliance Global Group ROCE % Historical Data

The historical data trend for Alliance Global 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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Alliance Global Group ROCE % Chart

Alliance Global Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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7.69

8.37

4.24

6.76

7.11

Alliance Global Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															7.38	6.54	8.25	7.70	7.72

Alliance Global Group ROCE % Calculation

Alliance Global 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 )
	=	691.227	/	( ( (12216.012 - 2992.73)	+	(12980.601 - 2750.896) )	/ 2 )
	=	691.227	/	( (9223.282	+	10229.705)	/ 2 )
	=	691.227	/	9726.4935
	=	7.11 %

Alliance Global 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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	807.904	/	( ( (13072.768 - 2670.179)	+	(13272.568 - 2750.407) )	/ 2 )
	=	807.904	/	( ( 10402.589	+	10522.161 )	/ 2 )
	=	807.904	/	10462.375
	=	7.72 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Alliance Global Group (OTCPK:ALGGF) 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.

Alliance Global Group ROCE % Related Terms

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Alliance Global Group (Alliance Global Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alliance Global Group Inc (OTCPK:ALGGF) » Definitions » ROCE %

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ALGGY:USA AGI:Philippines

Address

7th Floor, 1880 Eastwood Avenue, 188 E. Rodriguez Jr. Avenue, Bagumbayan, Eastwood City CyberPark, Quezon, PHL, 1110

Website

https://www.allianceglobalinc.com

Alliance Global Group Inc is a Philippine business conglomerate that operates four business segments: Megaworld, Travellers, GADC, and Emperador. Megaworld includes the development of real estate, integrated resorts, leasing of properties, and hotel operations. Emperador consists of the manufacturing and distribution of distilled spirits and glass containers. The other segments offer tourism-related entertainment, hospitality, and leisure activities, as well as the operation of McDonald's restaurants in the Philippines.

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