Bloomsbury Publishing (LSE:BMY) ROCE % : 14.34% (As of Aug. 2023)

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What is Bloomsbury Publishing 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. Bloomsbury Publishing's annualized ROCE % for the quarter that ended in Aug. 2023 was 14.34%.

Bloomsbury Publishing ROCE % Historical Data

The historical data trend for Bloomsbury Publishing'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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Bloomsbury Publishing ROCE % Chart

Bloomsbury Publishing Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

ROCE %

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8.40

8.82

10.34

12.42

13.52

Bloomsbury Publishing Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
ROCE %	Get a 7-Day Free Trial															12.61	12.66	13.91	12.87	14.34

Bloomsbury Publishing ROCE % Calculation

Bloomsbury Publishing's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	25.873	/	( ( (289.237 - 106.314)	+	(315.113 - 115.256) )	/ 2 )
	=	25.873	/	( (182.923	+	199.857)	/ 2 )
	=	25.873	/	191.39
	=	13.52 %

Bloomsbury Publishing's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2023 )		(Q: Feb. 2023 )		(Q: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2023 )		(Q: Feb. 2023 )		(Q: Aug. 2023 )
	=	28.286	/	( ( (315.113 - 115.256)	+	(307.1 - 112.452) )	/ 2 )
	=	28.286	/	( ( 199.857	+	194.648 )	/ 2 )
	=	28.286	/	197.2525
	=	14.34 %

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

Bloomsbury Publishing (LSE:BMY) 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.

Bloomsbury Publishing ROCE % Related Terms

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Bloomsbury Publishing (LSE:BMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bloomsbury Publishing PLC (LSE:BMY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BMYl:UK BMY.GB:UK 5JZ:Germany

Address

50 Bedford Square, London, GBR, WC1B 3DP

Website

https://www.bloomsbury.com

Bloomsbury Publishing PLC is a publisher of books and other media for general readers, children, students, researchers, and professionals. It offers authors access to these multiple markets in multiple formats throughout the world in print, through e-books, digital downloads, and apps in schools, libraries, universities, and in terrestrial and internet bookshops. The company divisions are Consumer and Non-Consumer. Consumer division is split out into Children's Trade and Adult Trade; and Non-Consumer split between Academic and Professional, Education, Special Interest, and Content Services. It derives maximum revenue from the Consumer division segment. The company operates in the UK, North America, and other countries.