GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Emerald Holding Inc (NYSE:EEX) » Definitions » ROCE %

Emerald Holding (Emerald Holding) ROCE % : 11.09% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Emerald Holding 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. Emerald Holding's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.09%.


Emerald Holding ROCE % Historical Data

The historical data trend for Emerald Holding'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.

Emerald Holding ROCE % Chart

Emerald Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.93 -61.49 -7.20 20.89 4.75

Emerald Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.41 8.15 -0.51 0.24 11.09

Emerald Holding ROCE % Calculation

Emerald Holding's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=40.4/( ( (1098.4 - 222.2) + (1053.9 - 230.1) )/ 2 )
=40.4/( (876.2+823.8)/ 2 )
=40.4/850
=4.75 %

Emerald Holding'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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=92.8/( ( (1081 - 231.5) + (1053.9 - 230.1) )/ 2 )
=92.8/( ( 849.5 + 823.8 )/ 2 )
=92.8/836.65
=11.09 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* 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.


Emerald Holding  (NYSE:EEX) 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.


Emerald Holding ROCE % Related Terms

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


Emerald Holding (Emerald Holding) Business Description

Traded in Other Exchanges
Address
100 Broadway, 14th Floor, New York, NY, USA, 10005
Emerald Holding Inc is an operator of B2B trade shows in the United States by NSF. It operates trade shows, which serve a large and broad set of global exhibitors and attendees, across multiple attractive, fragmented sectors that represent significant portions of the U.S. economy. The company operates trade shows in several broadly-defined industry sectors namely, Gift, Home and General Merchandise, Sports Design and Construction, Technology, Jewelry, Other Trade Shows, Other Events, and Other Marketing Services amongst other. It operates in three segments: Commerce; Design, Creative, and Technology; and All others.
Executives
Danielle Puceta officer: EVP, Content & Commerce 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Issa Jouaneh officer: President, Connections 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Brian Field officer: Chief Operating Officer EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
David Saul Levin director EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
William Charles officer: Chief Information Officer EMERALD EXPOSITIONS EVENTS, INC., 31910 DEL OBISPO STREET, SUITE 200, SAN JUAN CAPISTRANO CA 92675
Stacey Sayetta officer: General Counsel EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Mitchell Gendel officer: General Counsel EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
David B. Doft officer: CFO & Treasurer EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Herve Sedky officer: CEO & President EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Lynda M Clarizio director 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Onex Corp 10 percent owner 161 BAY STREET, P O BOX 700, TORONTO ONTARIO CANA A6
Onex Partners V Gp Ltd 10 percent owner C/O ONEX CORPORATION, 161 BAY STREET, TORONTO A6 M51 2S1
Onex Partners Canadian Gp Inc. 10 percent owner C/O ONEX CORPORATION, 161 BAY STREET, TORONTO A6 M51 2S1
Opv Gem Aggregator Lp 10 percent owner C/O ONEX CORPORATION, 161 BAY STREET, TORONTO A6 M51 2S1
Onex Advisor Subco Iii Llc 10 percent owner ONEX CORPORATION 712 FIFTH AVENUE, NEW YORK NY 10019

Emerald Holding (Emerald Holding) Headlines