ELXXF (Elixirr International) ROC % : 13.52% (As of Jun. 2024)

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What is Elixirr International ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Elixirr International's annualized return on capital (ROC %) for the quarter that ended in Jun. 2024 was 13.52%.

As of today (2024-12-15), Elixirr International's WACC % is 14.39%. Elixirr International's ROC % is 13.93% (calculated using TTM income statement data). Elixirr International earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Elixirr International ROC % Historical Data

The historical data trend for Elixirr International's ROC % 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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Elixirr International ROC % Chart

Elixirr International Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROC %

2.55

9.09

13.81

13.70

13.42

Elixirr International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROC %	Get a 7-Day Free Trial					13.74	12.68	15.18	13.67	13.52

Elixirr International ROC % Calculation

Elixirr International's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

	ROC % (A: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2022 )	+	Invested Capital (A: Dec. 2023 ))	/ count )
=	26.148 * ( 1 - 22% )	/	( (131.938	+	172.126)	/ 2 )
=	20.39544	/	152.032
=	13.42 %

where

	Invested Capital		(A: Dec. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	156.706	-	12.019	-	( 24.888	-	max(0, 25.822	-	38.571	+	24.888	))
=	131.938

	Invested Capital		(A: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	195.442	-	6.61	-	( 22.949	-	max(0, 27.365	-	44.071	+	22.949	))
=	172.126

Elixirr International's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	31.26 * ( 1 - 26.46% )	/	( (172.126	+	167.824)	/ 2 )
=	22.988604	/	169.975
=	13.52 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	195.442	-	6.61	-	( 22.949	-	max(0, 27.365	-	44.071	+	22.949	))
=	172.126

	Invested Capital		(Q: Jun. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	201.901	-	16.873	-	( 28.178	-	max(0, 33.67	-	50.874	+	28.178	))
=	167.824

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

Elixirr International (OTCPK:ELXXF) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Elixirr International's WACC % is 14.39%. Elixirr International's ROC % is 13.93% (calculated using TTM income statement data). Elixirr International earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Elixirr International ROC % Related Terms

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Elixirr International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Elixirr International PLC (OTCPK:ELXXF) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

ELIX:UK 54K:Germany

Address

100 Cheapside, London, GBR, EC2V 6DT

Website

https://www.elixirr.com

Elixirr International PLC is a provider of management consultancy services. The company is principally engaged in the provision of consulting services, delivering original and bespoke solutions to a globally-recognised client base, including creative, marketing and transformation services. These challenges include future proofing against technological disruption development and roll-out of new products, services and businesses navigating a more complex and multinational regulatory environment; and project management and implementation of change programs. It has worked with over one hundred fifty clients across twenty five countries spanning Europe, North America, Africa, Asia and Australia, with offices in the UK and permanent presence (and employees) in the United States and South Africa.