Big Technologies (LSE:BIG) ROCE % : 16.83% (As of Dec. 2023)

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What is Big Technologies 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. Big Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.83%.

Big Technologies ROCE % Historical Data

The historical data trend for Big Technologies'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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Big Technologies ROCE % Chart

Big Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

20.51

35.51

23.05

23.37

16.79

Big Technologies Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				18.24	21.57	25.27	16.26	16.83

Big Technologies ROCE % Calculation

Big Technologies'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 )
	=	19.469	/	( ( (113.17 - 9.2)	+	(134.958 - 7.084) )	/ 2 )
	=	19.469	/	( (103.97	+	127.874)	/ 2 )
	=	19.469	/	115.922
	=	16.79 %

Big Technologies'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 )
	=	20.792	/	( ( (126.44 - 7.174)	+	(134.958 - 7.084) )	/ 2 )
	=	20.792	/	( ( 119.266	+	127.874 )	/ 2 )
	=	20.792	/	123.57
	=	16.83 %

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

Big Technologies (LSE:BIG) 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.

Big Technologies ROCE % Related Terms

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Big Technologies (LSE:BIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Big Technologies PLC (LSE:BIG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

7I8:Germany

Address

17 Church Street, Talbot House, Rickmansworth, GBR, WD3 1DE

Website

https://www.bigtechnologies.co.uk

Big Technologies PLC provides products and services to the remote and personal monitoring industry under several brand and trading names. The company's criminal justice solution involves proprietary monitoring software combined with modular monitoring hardware being used to accurately track the location of tag wearers. Alongside this, it also offers monitoring services solutions for its customers. The company provides its solutions on a SaaS-like subscription-based model, with long-term contracts spanning up to twelve years in length, providing a secure revenue base from which to deliver contract expansion and to win new contracts. It generates revenue across the world, with operations across the United Kingdom, Australia, United States and Colombia.