Oscillate (AQSE:MUSH) ROCE % : -18.05% (As of Nov. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Oscillate 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. Oscillate's annualized ROCE % for the quarter that ended in Nov. 2023 was -18.05%.

Oscillate ROCE % Historical Data

The historical data trend for Oscillate'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.

Oscillate ROCE % Chart

Oscillate Annual Data

Trend

Nov18

Nov19

Nov21

Nov22

Nov23

ROCE %

-219.44

-205.56

-10.07

-10.57

Oscillate Semi-Annual Data
	May18	Nov18	May19	Nov19	May20	May21	Nov21	May22	Nov22	May23	Nov23
ROCE %	Get a 7-Day Free Trial						-	-7.50	-16.57	-4.13	-18.05

Oscillate ROCE % Calculation

Oscillate's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-0.329	/	( ( (3.727 - 0.032)	+	(2.554 - 0.024) )	/ 2 )
	=	-0.329	/	( (3.695	+	2.53)	/ 2 )
	=	-0.329	/	3.1125
	=	-10.57 %

Oscillate's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: May. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: May. 2023 )		(Q: Nov. 2023 )
	=	-0.516	/	( ( (3.223 - 0.036)	+	(2.554 - 0.024) )	/ 2 )
	=	-0.516	/	( ( 3.187	+	2.53 )	/ 2 )
	=	-0.516	/	2.8585
	=	-18.05 %

(1) Note: The EBIT data used here is two times the semi-annual (Nov. 2023) EBIT data.

Oscillate (AQSE:MUSH) 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.

Oscillate ROCE % Related Terms

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

Oscillate (AQSE:MUSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oscillate PLC (AQSE:MUSH) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.oscillateplc.com

Oscillate PLC is an investment issuer designed to acquire investment positions in companies exposed to sectors of the market. It invests in Psychedelics, Medicinal Cannabis, and Specialist Situations.

Oscillate (AQSE:MUSH) Headlines

No Headlines