DataDot Technology (ASX:DDT) ROCE % : -2.89% (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is DataDot Technology 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. DataDot Technology's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.89%.

DataDot Technology ROCE % Historical Data

The historical data trend for DataDot Technology'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.

DataDot Technology ROCE % Chart

DataDot Technology Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-155.43

9.09

44.91

13.00

0.29

DataDot Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-6.96	22.13	-7.72	8.34	-2.89

DataDot Technology ROCE % Calculation

DataDot Technology'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 )
	=	0.028	/	( ( (10.337 - 0.639)	+	(10.207 - 0.626) )	/ 2 )
	=	0.028	/	( (9.698	+	9.581)	/ 2 )
	=	0.028	/	9.6395
	=	0.29 %

DataDot Technology'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 )
	=	-0.276	/	( ( (10.207 - 0.626)	+	(10.26 - 0.711) )	/ 2 )
	=	-0.276	/	( ( 9.581	+	9.549 )	/ 2 )
	=	-0.276	/	9.565
	=	-2.89 %

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

DataDot Technology (ASX:DDT) 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.

DataDot Technology ROCE % Related Terms

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

DataDot Technology (ASX:DDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DataDot Technology Ltd (ASX:DDT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Ethel Ave, Brookvale, Sydney, NSW, AUS, 2100

Website

https://www.datadotdna.com

DataDot Technology Ltd is engaged in the manufacturing and distribution of asset identification solutions that include polymer and metallic microdots, asset registers, manufacturing and distributing high-security datatraceID authentication solutions, to develop and distribute customized solutions combining datadotDNA, datatraceID, asset registration and other technologies. The operating segments of the company are OEMs and Distributors, DataTraceID, Direct Business, and Consumer sales. The company generates the majority of its revenue from OEMs and Distributors segment, which is engaged in the manufacture and wholesale supply of DataDotDNA polymer and metallic microdots to manufacturers (OEMs) for application to their own products.

DataDot Technology (ASX:DDT) Headlines

No Headlines