Field Solutions Holdings (ASX:FSG) ROCE %

: -8.84% (As of Dec. 2023)

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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. Field Solutions Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -8.84%.

Field Solutions Holdings ROCE % Historical Data

The historical data trend for Field Solutions 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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Field Solutions Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-18.49

-29.27

2.12

3.02

-7.91

Field Solutions Holdings 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															3.47	1.63	-3.11	-12.61	-8.84

Field Solutions Holdings ROCE % Calculation

Field Solutions Holdings'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 )
	=	-3.811	/	( ( (61.817 - 15.313)	+	(71.816 - 21.963) )	/ 2 )
	=	-3.811	/	( (46.504	+	49.853)	/ 2 )
	=	-3.811	/	48.1785
	=	-7.91 %

Field Solutions Holdings'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 )
	=	-4.756	/	( ( (71.816 - 21.963)	+	(82.854 - 25.109) )	/ 2 )
	=	-4.756	/	( ( 49.853	+	57.745 )	/ 2 )
	=	-4.756	/	53.799
	=	-8.84 %

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

Field Solutions Holdings (ASX:FSG) 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.

Field Solutions Holdings ROCE % Related Terms

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Field Solutions Holdings (ASX:FSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Field Solutions Holdings Ltd (ASX:FSG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Narabang Way, Suite 38, Belrose, Sydney, NSW, AUS, 2085

Website

https://www.fieldsolutions-group.com

Field Solutions Holdings Ltd has engaged in the operation of sub-contracted voice-over-internet protocol (VOIP) telephony in Australia. It provides VOIP-based phone services and internet phone services. The Group has one operating segment, telecommunication and infrastructure services being the supply of telecommunication and cloud services and products which are designing, building, and operating telecommunications networks in rural, regional, and remote Australia. It offers its services only in the Australian region.

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