AlTi Global (AlTi Global) ROCE % : 8.78% (As of Mar. 2024)

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What is AlTi Global 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. AlTi Global's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.78%.

AlTi Global ROCE % Historical Data

The historical data trend for AlTi Global'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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AlTi Global ROCE % Chart

AlTi Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-3.19

-4.06

5.26

-6.74

-47.56

AlTi Global Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											-46.47	5.18	-54.07	-22.88	8.78

AlTi Global ROCE % Calculation

AlTi Global'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 )
	=	-301.836	/	( ( (91.989 - 21.014)	+	(1266.567 - 68.321) )	/ 2 )
	=	-301.836	/	( (70.975	+	1198.246)	/ 2 )
	=	-301.836	/	634.6105
	=	-47.56 %

AlTi Global'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 )
	=	107.792	/	( ( (1266.567 - 68.321)	+	(1299.938 - 41.726) )	/ 2 )
	=	107.792	/	( ( 1198.246	+	1258.212 )	/ 2 )
	=	107.792	/	1228.229
	=	8.78 %

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

AlTi Global (NAS:ALTI) 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.

AlTi Global ROCE % Related Terms

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AlTi Global (AlTi Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AlTi Global Inc (NAS:ALTI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

520 Madison Avenue, 21st Floor, New York, NY, USA, 10022

Website

https://www.alti-global.com

AlTi Global Inc is an independent wealth and asset manager providing entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders with fiduciary capabilities as well as alternative investment strategies and advisory services. The firm manages or advises on approximately $60 billion in combined assets and has an expansive network with over 400 professionals across four continents.

Executives

Norma Corio	director	C/O GO ACQUISITION CORP., 450 W 14TH ST, NEW YORK NY 10014
Reid Parmelee	officer: Chief Financial Officer	ALTI GLOBAL, INC., 520 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Global Goldfield Ltd	10 percent owner	22/F SOUTH CHINA BUILDING, 1-3 WYNDHAM STREET, CENTRAL, HONG KONG K3 00000
Sai Hong Yeung	10 percent owner	22/F SOUTH CHINA BUILDING, 1-3 WYNDHAM STREET, CENTRAL, HONG KONG F4 000000
Ilwaddi Cayman Holdings	10 percent owner	C/O GELLER ADVISORS, 909 THIRD AVENUE, NEW YORK NY 10022
Jassim Abdulaziz Al-thani	10 percent owner	C/O GELLER ADVISORS, 909 THIRD AVENUE, NEW YORK NY 10022
Graham Colleen A	officer: Global General Counsel	BOSTON PRIVATE FINANCIAL HOLDINGS, INC., TEN POST OFFICE SQUARE, BOSTON MA 02109
Elias Diaz-sese	director	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Gregory R. Armstrong	director, officer: Chief Financial Officer	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Peter Yu	10 percent owner	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Drew Figdor	10 percent owner	C/O ALVARIUM TIEDEMANN HOLDINGS, INC., 520 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Alison Trauttmansdorff	officer: Chief Human Resources Officer	C/O ALVARIUM TIEDEMANN HOLDINGS, INC., 520 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Spiros Maliagros	director	C/O ALVARIUM TIEDEMANN HOLDINGS, INC., 520 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022