Advanced Share Registry (ASX:ASW) ROCE % : -87.47% (As of Jun. 2023)

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What is Advanced Share Registry 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. Advanced Share Registry's annualized ROCE % for the quarter that ended in Jun. 2023 was -87.47%.

Advanced Share Registry ROCE % Historical Data

The historical data trend for Advanced Share Registry'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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Advanced Share Registry ROCE % Chart

Advanced Share Registry Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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21.60

21.28

33.72

26.13

-28.91

Advanced Share Registry Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															23.79	33.51	17.62	27.84	-87.47

Advanced Share Registry ROCE % Calculation

Advanced Share Registry'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 )
	=	-2.439	/	( ( (9.864 - 1.086)	+	(9.274 - 1.177) )	/ 2 )
	=	-2.439	/	( (8.778	+	8.097)	/ 2 )
	=	-2.439	/	8.4375
	=	-28.91 %

Advanced Share Registry's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-7.292	/	( ( (9.803 - 1.227)	+	(9.274 - 1.177) )	/ 2 )
	=	-7.292	/	( ( 8.576	+	8.097 )	/ 2 )
	=	-7.292	/	8.3365
	=	-87.47 %

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

Advanced Share Registry (ASX:ASW) 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.

Advanced Share Registry ROCE % Related Terms

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Advanced Share Registry (ASX:ASW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Advanced Share Registry Ltd (ASX:ASW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 Stirling Highway, Nedlands, Perth, WA, AUS, 6009

Website

https://www.advancedshare.com.au

Advanced Share Registry Ltd is an Australia-based company engages in the share registry business. The company provides registry services to listed and unlisted clients on a state and national basis. It has two operating segments: Share registrar services and Property Investment. The company generates maximum revenue from the Share registrar services segment.

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