Watchstone Group (AQSE:WTG.GB) ROCE % : 0.00% (As of Dec. 2022)

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What is Watchstone Group 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. Watchstone Group's annualized ROCE % for the quarter that ended in Dec. 2022 was 0.00%.

Watchstone Group ROCE % Historical Data

The historical data trend for Watchstone Group'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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Watchstone Group ROCE % Chart

Watchstone Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-5.28

-2.87

-24.28

-37.68

-48.67

Watchstone Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial															-13.79	-22.53	-26.09	-	-

Watchstone Group ROCE % Calculation

Watchstone Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-4.867	/	( ( (15.479 - 1.932)	+	(7.462 - 1.007) )	/ 2 )
	=	-4.867	/	( (13.547	+	6.455)	/ 2 )
	=	-4.867	/	10.001
	=	-48.67 %

Watchstone Group's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	0	/	( ( (14.906 - 1.38)	+	(15.479 - 1.932) )	/ 2 )
	=	0	/	( ( 13.526	+	13.547 )	/ 2 )
	=	0	/	13.5365
	=	0.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

Watchstone Group (AQSE:WTG.GB) 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.

Watchstone Group ROCE % Related Terms

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Watchstone Group (AQSE:WTG.GB) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Watchstone Group PLC (AQSE:WTG.GB) » Definitions » ROCE %

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Address

Highfield Court, Tollgate, Chandler's Ford, Eastleigh, Hampshire, GBR, SO53 3TY

Website

https://www.watchstonegroup.com

Watchstone Group PLC is focused on managing the Group's litigation in order to achieve maximum shareholder value.

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