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LCLP (Life Clips) ROCE % : 34.70% (As of Mar. 2022)


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What is Life Clips 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. Life Clips's annualized ROCE % for the quarter that ended in Mar. 2022 was 34.70%.

Life Clips ROCE % Historical Data

The historical data trend for Life Clips'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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Life Clips ROCE % Chart

Life Clips Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
ROCE %
Get a 7-Day Free Trial - - - - -

Life Clips Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 - - -7.92 -32.62 34.70

Life Clips ROCE % Calculation

Life Clips's annualized ROCE % for the fiscal year that ended in Jun. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2021 )  (A: Jun. 2020 )(A: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2021 )  (A: Jun. 2020 )(A: Jun. 2021 )
=-2.911/( ( (0.012 - 18.709) + (0.303 - 7.828) )/ 2 )
=-2.911/( (-18.697+-7.525)/ 2 )
=-2.911/-13.111
=22.20 %

Life Clips's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=13.716/( ( (50.858 - 11.021) + (50.624 - 11.413) )/ 2 )
=13.716/( ( 39.837 + 39.211 )/ 2 )
=13.716/39.524
=34.70 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) 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.

Life Clips  (OTCPK:LCLP) 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.

Life Clips ROCE % Related Terms

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Life Clips Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Life Clips Inc (OTCPK:LCLP) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
18851 NE 29th Avenue, Suite 700, PMB No. 348, Aventura, FL, USA, 33180
Website
https://www.lifeclips.com
Life Clips Inc operates in the business of digital devices to capture videos and pictures. It offers a varied range of cameras, batteries, and adapters. The firm focuses on the marketing of the HP-branded cameras as well as the Mobeego branded batteries in the United States as well as internationally. In addition, it also operates in the energy unit product division which consists of a custom designed plastic casing, shaped like a small can of energy drink, hosting a powerful lithium battery for charging mobile devices.
Executives
Victoria Diana Rudman director, officer: CFO C/O CHATAND, INC., 244 5TH AVENUE, SUITE 68, NEW YORK NY 10001
Robert Grinberg director, officer: CEO 19515 PRESIDENTIAL WAY, MIAMI FL 33179