Aspermont (ASX:ASP) ROCE % : -26.28% (As of Sep. 2023)

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What is Aspermont 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. Aspermont's annualized ROCE % for the quarter that ended in Sep. 2023 was -26.28%.

Aspermont ROCE % Historical Data

The historical data trend for Aspermont'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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Aspermont ROCE % Chart

Aspermont Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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-85.88

-15.27

3.45

-4.13

-25.82

Aspermont Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															-1.40	-4.00	-4.35	-21.63	-26.28

Aspermont ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-1.899	/	( ( (17.965 - 9.738)	+	(17.312 - 10.827) )	/ 2 )
	=	-1.899	/	( (8.227	+	6.485)	/ 2 )
	=	-1.899	/	7.356
	=	-25.82 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-1.98	/	( ( (18.22 - 9.637)	+	(17.312 - 10.827) )	/ 2 )
	=	-1.98	/	( ( 8.583	+	6.485 )	/ 2 )
	=	-1.98	/	7.534
	=	-26.28 %

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

Aspermont (ASX:ASP) 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.

Aspermont ROCE % Related Terms

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Aspermont (ASX:ASP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Aspermont Ltd (ASX:ASP) » Definitions » ROCE %

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00W:Germany

Address

613- 619 Wellington Street, Perth, WA, AUS, 6000

Website

https://www.aspermont.com

Aspermont Ltd is a publishing company. Business operating segments include; Media services-advertising and events, XaaS- media subscriptions and related services, and Data- mainly lead generation activity. The Publishing segment derives subscription, advertising, and sponsorship revenues from print and online publications and holding conferences in trade sectors including mining, agriculture, energy, and technology sector. It also derives revenue from B to B lead generation activity it undertakes on behalf of clients utilising its contacts database. The firm mainly operates within Australia and in the United Kingdom. Geographically, it derives a majority of its revenue from Apac and also has a presence in Europe; America, and other countries.