APM Human Services International Pty (ASX:APM) ROCE % : -16.06% (As of Jun. 2024)

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What is APM Human Services International Pty 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. APM Human Services International Pty's annualized ROCE % for the quarter that ended in Jun. 2024 was -16.06%.

APM Human Services International Pty ROCE % Historical Data

The historical data trend for APM Human Services International Pty'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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APM Human Services International Pty ROCE % Chart

APM Human Services International Pty Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

ROCE %

5.30

7.77

-5.68

APM Human Services International Pty Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			8.55	7.03	8.20	4.08	-16.06

APM Human Services International Pty ROCE % Calculation

APM Human Services International Pty's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-143.329	/	( ( (3146.815 - 416.748)	+	(2790.929 - 471.774) )	/ 2 )
	=	-143.329	/	( (2730.067	+	2319.155)	/ 2 )
	=	-143.329	/	2524.611
	=	-5.68 %

APM Human Services International Pty's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-395.556	/	( ( (3048.2 - 441.087)	+	(2790.929 - 471.774) )	/ 2 )
	=	-395.556	/	( ( 2607.113	+	2319.155 )	/ 2 )
	=	-395.556	/	2463.134
	=	-16.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

APM Human Services International Pty (ASX:APM) 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.

APM Human Services International Pty ROCE % Related Terms

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APM Human Services International Pty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » APM Human Services International Pty (ASX:APM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

58 Ord Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.apm.net.au

APM Human Services International, on behalf of government bodies, provides services to assist job seekers in finding suitable employment, particularly those with a disability, injury, or illness. Services include job search assistance, vocational training, postplacement support, and allied health services such as rehabilitation and mental health. APM earns roughly 35% of revenue from Australia, 15% from Europe, 45% from North America, and the remaining 5% from New Zealand, Singapore, and South Korea.