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GLXZ (Galaxy Gaming) ROC % : -2.71% (As of Sep. 2024)


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What is Galaxy Gaming 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 %. Galaxy Gaming's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was -2.71%.

As of today (2024-12-12), Galaxy Gaming's WACC % is 11.51%. Galaxy Gaming's ROC % is 30.82% (calculated using TTM income statement data). Galaxy Gaming generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Galaxy Gaming ROC % Historical Data

The historical data trend for Galaxy Gaming'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.

* Premium members only.

Galaxy Gaming ROC % Chart

Galaxy Gaming Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.67 -10.26 19.24 34.10 35.89

Galaxy Gaming Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC % 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 14.62 25.86 41.27 44.23 -2.71

Galaxy Gaming ROC % Calculation

Galaxy Gaming'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 )
=6.73 * ( 1 - -4.57% )/( (19.022 + 20.198)/ 2 )
=7.037561/19.61
=35.89 %

where

Galaxy Gaming's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.496 * ( 1 - -0.32% )/( (18.373 + 18.348)/ 2 )
=-0.4975872/18.3605
=-2.71 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) 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.


Galaxy Gaming  (OTCPK:GLXZ) 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, Galaxy Gaming's WACC % is 11.51%. Galaxy Gaming's ROC % is 30.82% (calculated using TTM income statement data). Galaxy Gaming generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Galaxy Gaming ROC % Related Terms

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Galaxy Gaming Business Description

Traded in Other Exchanges
N/A
Address
6480 Cameron Street, Suite 305, Las Vegas, NV, USA, 89118
Galaxy Gaming Inc is an established global gaming company specializing in the design, development, acquisition, assembly, marketing, and licensing of proprietary casino table games and associated technology, platforms and systems for the casino gaming industry. Casinos use its proprietary products and services to enhance their gaming operations and improve their profitability, productivity and security, as well as to offer popular cutting-edge gaming entertainment content and technology to their players. It has two operating segments which are combined into one reporting segment. In its GG Core operating segment, and GG Digital operating segment.
Executives
Hagerty Harry C Iii officer: CFO 6767 SPENCER STREET, LAS VEGAS NV 89119
Meredith B. Brill director 52 HILLHURST BLVD, TORONTO A6 M5N 1N6
Cheryl Kondra director 6480 CAMERON STREET, SUITE 305, LAS VEGAS NV 89118
Mark A Lipparelli director 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Todd P Cravens officer: CEO 6767 SPENCER STREET, LAS VEGAS NV 89119
Michael Gavin Isaacs director BALLY TECHNOLOGIES, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
William A Zender director 296 DOE RUN CIRCLE, HENDERSON NV 89012
Bryan W. Waters director 240 MONTE VISTA RIDGE ROAD, ORINDA CA 94563
Norman H Desrosiers director 6987 VINNEDGE LANE, #119, HIGHLAND NV 92346
Triangulum Partners, Llc. 10 percent owner 6767 SPENCER ST, LAS VEGAS NV 89119
Robert B. Saucier director, 10 percent owner, officer: CEO, CFO 6980 O'BANNON DRIVE, LAS VEGAS NV 89117
Gary Anthony Vecchiarelli officer: Chief Financial Officer 6980 OBANNON DRIVE, LAS VEGAS NV 89117
Alixandra Saucier Regulatory Trust other: Affiliated Trust 698O O'BANNON DRIVE, LAS VEGAS NV 89117
William E O'hara officer: COO 6980 O'BANNON DRIVE, LAS VEGAS NV 89117
Patrick Mcnevin director 5205 E. LINCOLN DR., PARADISE VALLEY AZ 85253