8VI Holdings (ASX:8VI) ROCE % : -85.64% (As of Sep. 2023)

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What is 8VI Holdings 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. 8VI Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -85.64%.

8VI Holdings ROCE % Historical Data

The historical data trend for 8VI Holdings'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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8VI Holdings ROCE % Chart

8VI Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-58.29

21.15

80.80

19.29

-70.44

8VI Holdings Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial											64.84	-16.76	-33.90	-101.63	-85.64

8VI Holdings ROCE % Calculation

8VI Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-11.517	/	( ( (38.941 - 16.771)	+	(23.737 - 13.205) )	/ 2 )
	=	-11.517	/	( (22.17	+	10.532)	/ 2 )
	=	-11.517	/	16.351
	=	-70.44 %

8VI Holdings'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: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-6.98	/	( ( (23.737 - 13.205)	+	(16.604 - 10.835) )	/ 2 )
	=	-6.98	/	( ( 10.532	+	5.769 )	/ 2 )
	=	-6.98	/	8.1505
	=	-85.64 %

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

8VI Holdings (ASX:8VI) 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.

8VI Holdings ROCE % Related Terms

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8VI Holdings (ASX:8VI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 8VI Holdings Ltd (ASX:8VI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1557 Keppel Road, No. 01-01, Singapore, SGP, 089066

Website

https://www.8vicglobal.com

8VI Holdings Ltd provides financial education and training services. The company's operating segment includes Financial Education; Others and Corporate. The Financial Education segment is involved in providing financial education in the discipline of value investing.

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