Advanced Oxygen Technologies (Advanced Oxygen Technologies) ROCE % : 5.84% (As of Dec. 2023)

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What is Advanced Oxygen Technologies 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. Advanced Oxygen Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.84%.

Advanced Oxygen Technologies ROCE % Historical Data

The historical data trend for Advanced Oxygen Technologies'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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Advanced Oxygen Technologies ROCE % Chart

Advanced Oxygen Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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5.03

-25.77

4.00

14.06

2.36

Advanced Oxygen Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															5.20	2.35	4.85	-1.00	5.84

Advanced Oxygen Technologies ROCE % Calculation

Advanced Oxygen Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	0.011	/	( ( (0.662 - 0.209)	+	(0.698 - 0.22) )	/ 2 )
	=	0.011	/	( (0.453	+	0.478)	/ 2 )
	=	0.011	/	0.4655
	=	2.36 %

Advanced Oxygen Technologies's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	0.02	/	( ( (0.674 - 0.35)	+	(0.709 - 0.348) )	/ 2 )
	=	0.02	/	( ( 0.324	+	0.361 )	/ 2 )
	=	0.02	/	0.3425
	=	5.84 %

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

Advanced Oxygen Technologies (OTCPK:AOXY) 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.

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Advanced Oxygen Technologies (Advanced Oxygen Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Advanced Oxygen Technologies Inc (OTCPK:AOXY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/O Crossfield, Inc, 653 VT Route 12A, PO Box 189, Randolph, VT, USA, 05060

Website

https://www.aoxy-ca.com

Advanced Oxygen Technologies Inc is a us based company operates in real estate business. The company through its wholly-owned subsidiary owns a commercial real estate in Vojens, Denmark. The group derives revenues solely from the lease revenue from its real estate.

Executives

Robert Wolfe

director, 10 percent owner, officer: Chairman, CEO, CFO

PO BOX 189, RANDOLPH VT 05060

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