AdvanceTC (AdvanceTC) ROCE %

: 0.00% (As of Jun. 2022)

View and export this data going back to 2020. Start your Free Trial

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. AdvanceTC's annualized ROCE % for the quarter that ended in Jun. 2022 was 0.00%.

AdvanceTC ROCE % Historical Data

The historical data trend for AdvanceTC'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.

Array ( [0] => -531.53 [1] => -2,263.57 )

AdvanceTC Annual Data

Trend

Dec20

Dec21

ROCE %

-531.53

-2,263.57

AdvanceTC Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22
ROCE %	-	-486.70	-743.51	-1,627.16	-

AdvanceTC ROCE % Calculation

AdvanceTC's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-1.46	/	( ( (0.555 - 0.352)	+	(0.256 - 0.33) )	/ 2 )
	=	-1.46	/	( (0.203	+	-0.074)	/ 2 )
	=	-1.46	/	0.0645
	=	-2,263.57 %

AdvanceTC's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Dec. 2021 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Dec. 2021 )		(Q: Jun. 2022 )
	=	-1.016	/	( ( (0.256 - 0.33)	+	(0.084 - 0.526) )	/ 2 )
	=	-1.016	/	( ( -0.074	+	-0.442 )	/ 2 )
	=	-1.016	/	-0.258
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2022) EBIT data.

AdvanceTC (OTCPK:ATCLF) 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.

AdvanceTC ROCE % Related Terms

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

AdvanceTC (AdvanceTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AdvanceTC Ltd (OTCPK:ATCLF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

210 George Street, Level 8, Sydney, NSW, AUS, 2000

Website

https://www.advancetc.com

AdvanceTC Ltd is engaged in the design, development and commercialisation of high tech mobile wireless computing and telecommunication devices. It is the creator of the MAGIC brand of mobile computing devices and operates development facilities in Malaysia including its proprietary software and applications services.