Tier One Capital LP (XCNQ:TLP.UN) ROCE % : 33.76% (As of Sep. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Tier One Capital LP 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. Tier One Capital LP's annualized ROCE % for the quarter that ended in Sep. 2023 was 33.76%.

Tier One Capital LP ROCE % Historical Data

The historical data trend for Tier One Capital LP'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.

Tier One Capital LP ROCE % Chart

Tier One Capital LP Annual Data

Trend

Sep13

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

-22.60

9.98

1.91

38.68

-9.56

Tier One Capital LP Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-34.45	-7.87	-	-9.88	33.76

Tier One Capital LP ROCE % Calculation

Tier One Capital LP's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-2.492	/	( ( (28.922 - 0.347)	+	(23.845 - 0.306) )	/ 2 )
	=	-2.492	/	( (28.575	+	23.539)	/ 2 )
	=	-2.492	/	26.057
	=	-9.56 %

Tier One Capital LP's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	7.584	/	( ( (22.169 - 0.311)	+	(23.396 - 0.329) )	/ 2 )
	=	7.584	/	( ( 21.858	+	23.067 )	/ 2 )
	=	7.584	/	22.4625
	=	33.76 %

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

Tier One Capital LP (XCNQ:TLP.UN) 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.

Tier One Capital LP ROCE % Related Terms

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

Tier One Capital LP (XCNQ:TLP.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tier One Capital LP (XCNQ:TLP.UN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 The Esplanade, Suite 503, Toronto, ON, CAN, M5E 1A7

Website

http://www.tier1capital.ca

Tier One Capital LP invests in the debt securities of eligible businesses which have the potential for long-term growth. It invests in different sectors such as Media Technology, Health Care Information Technology, Security Software and Services, Other Technology and Financial, and Energy.

Tier One Capital LP (XCNQ:TLP.UN) Headlines

No Headlines