Qualitas (ASX:QAL) ROCE % : 16.48% (As of Dec. 2024)

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What is Qualitas 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. Qualitas's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.48%.

Qualitas ROCE % Historical Data

The historical data trend for Qualitas'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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Qualitas ROCE % Chart

Qualitas Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

ROCE %

4.05

9.99

15.58

Qualitas Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			9.80	14.92	15.87	15.74	16.48

Qualitas ROCE % Calculation

Qualitas's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	57.699	/	( ( (739.919 - 372.412)	+	(708.132 - 334.793) )	/ 2 )
	=	57.699	/	( (367.507	+	373.339)	/ 2 )
	=	57.699	/	370.423
	=	15.58 %

Qualitas's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	61.07	/	( ( (708.132 - 334.793)	+	(447.253 - 79.387) )	/ 2 )
	=	61.07	/	( ( 373.339	+	367.866 )	/ 2 )
	=	61.07	/	370.6025
	=	16.48 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Qualitas (ASX:QAL) 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.

Qualitas ROCE % Related Terms

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Qualitas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Qualitas Ltd (ASX:QAL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Collins Street, Level 38, Melbourne, VIC, AUS, 3000

Website

https://www.qualitas.com.au

Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.

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