ALF (Centurion Acquisition) ROCE % : -0.25% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Centurion Acquisition 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. Centurion Acquisition's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.25%.

Centurion Acquisition ROCE % Historical Data

The historical data trend for Centurion Acquisition'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.

Centurion Acquisition ROCE % Chart

Centurion Acquisition Annual Data

Trend

ROCE %

Centurion Acquisition Quarterly Data
	Mar24	Jun24	Sep24
ROCE %	-	-0.22	-0.25

Centurion Acquisition ROCE % Calculation

Centurion Acquisition's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Centurion Acquisition's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-0.74	/	( ( (289.264 - 0.006)	+	(293.436 - 0.129) )	/ 2 )
	=	-0.74	/	( ( 289.258	+	293.307 )	/ 2 )
	=	-0.74	/	291.2825
	=	-0.25 %

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

Centurion Acquisition (NAS:ALF) 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.

Centurion Acquisition ROCE % Related Terms

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