A-Mark Precious Metals (A-Mark Precious Metals) ROCE % : 12.86% (As of Dec. 2023)

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What is A-Mark Precious Metals 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. A-Mark Precious Metals's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.86%.

A-Mark Precious Metals ROCE % Historical Data

The historical data trend for A-Mark Precious Metals'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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A-Mark Precious Metals ROCE % Chart

A-Mark Precious Metals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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16.91

31.03

62.25

34.64

38.24

A-Mark Precious Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															33.96	38.42	43.26	18.06	12.86

A-Mark Precious Metals ROCE % Calculation

A-Mark Precious Metals'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 )
	=	234.698	/	( ( (1442.659 - 836.735)	+	(1545.571 - 924.061) )	/ 2 )
	=	234.698	/	( (605.924	+	621.51)	/ 2 )
	=	234.698	/	613.717
	=	38.24 %

A-Mark Precious Metals'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	114.384	/	( ( (1579.237 - 704.978)	+	(1623.858 - 719.66) )	/ 2 )
	=	114.384	/	( ( 874.259	+	904.198 )	/ 2 )
	=	114.384	/	889.2285
	=	12.86 %

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

A-Mark Precious Metals (NAS:AMRK) 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.

A-Mark Precious Metals ROCE % Related Terms

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A-Mark Precious Metals (A-Mark Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » A-Mark Precious Metals Inc (NAS:AMRK) » Definitions » ROCE %

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Traded in Other Exchanges

AND:Germany

Address

2121 Rosecrans Avenue, Suite 6300, El Segundo, CA, USA, 90245

Website

https://www.amark.com

A-Mark Precious Metals Inc is a precious metal trading company. It is principally engaged in the wholesale of gold, silver, platinum and palladium bullion and related products in the form of bars, wafers, coins, and grains. The company's operating segment includes Wholesale Trading and Ancillary Services; Secured Lending and Direct Sales. It generates maximum revenue from the Wholesale Trading and Ancillary Services segment. The Wholesale Trading and Ancillary Services segment comprises business units such as Industrial, Coin and Bar, Trading and Finance, Storage, Logistics, and Mint. Geographically, it derives a majority of its revenue from the United States.

Executives

Michael R. Wittmeyer	director	2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Brian Aquilino	officer: Chief Operating Officer	2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Beverley Lepine	director	429 SANTA MONICA BLVD., SUITE 230, SANTA MONICA CA 90401
Carol Meltzer	officer: EVP, Gen. Counsel & Secretary	775 PASSAIC AVE, WEST CALDWELL NJ 07006
Gregory N Roberts	director, 10 percent owner, officer: Chief Executive Officer	2625 ST ANDREWS, TUSTIN CA 92660
Thor Gjerdrum	officer: President	5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Jeffrey D Benjamin	director, 10 percent owner	9 WEST 57TH STREET, 43TH FLOOR, NEW YORK NY 10019
Jess M Ravich	director	11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Kendall Saville	director	2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Moorhead John	director	5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
William A Richardson	10 percent owner	2880 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
Kathleen Taylor-simpson	officer: Chief Financial Officer	2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
A-mark Precious Metals, Inc.	director	2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Monique Sanchez	director	2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Ellis Landau	director	CO PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148