Adslot (ASX:ADS) ROCE % : -158.26% (As of Dec. 2023)

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What is Adslot 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. Adslot's annualized ROCE % for the quarter that ended in Dec. 2023 was -158.26%.

Adslot ROCE % Historical Data

The historical data trend for Adslot'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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Adslot ROCE % Chart

Adslot Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-24.16

-63.65

-30.01

-22.88

-87.83

Adslot Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-11.48	-36.00	-105.29	-82.88	-158.26

Adslot ROCE % Calculation

Adslot'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 )
	=	-11.77	/	( ( (25.204 - 6.223)	+	(15.012 - 7.192) )	/ 2 )
	=	-11.77	/	( (18.981	+	7.82)	/ 2 )
	=	-11.77	/	13.4005
	=	-87.83 %

Adslot'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-10.036	/	( ( (15.012 - 7.192)	+	(12.834 - 7.971) )	/ 2 )
	=	-10.036	/	( ( 7.82	+	4.863 )	/ 2 )
	=	-10.036	/	6.3415
	=	-158.26 %

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

Adslot (ASX:ADS) 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.

Adslot ROCE % Related Terms

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Adslot (ASX:ADS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Adslot Ltd (ASX:ADS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

419 Collins Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.adslot.com

Adslot Ltd is an internet technology and marketing company. The firm derives revenue from two principal activities: Trading Technology and Services. The majority of the revenue comes from Trading Technology that comprises Adslot - a media trading technology, and Symphony, workflow automation technology for media agencies, and the Services segment includes digital marketing services provided by the company's webfirm division and project-based customization of trading technology. The company reports its segments based on geographical locations: APAC (Australia, New Zealand, and Asia), EMEA (Europe, the Middle East, and Africa), and the Americas (North, Central, and South America), out of which the majority of the revenue comes from APAC.

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