Atturra (ASX:ATA) ROCE % : 10.35% (As of Jun. 2024)

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What is Atturra 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. Atturra's annualized ROCE % for the quarter that ended in Jun. 2024 was 10.35%.

Atturra ROCE % Historical Data

The historical data trend for Atturra'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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Atturra ROCE % Chart

Atturra Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

ROCE %

25.11

21.17

10.22

Atturra Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			25.88	21.51	19.30	8.14	10.35

Atturra ROCE % Calculation

Atturra'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 )
	=	14.321	/	( ( (162.37 - 63.92)	+	(284.488 - 102.818) )	/ 2 )
	=	14.321	/	( (98.45	+	181.67)	/ 2 )
	=	14.321	/	140.06
	=	10.22 %

Atturra'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 )
	=	17.93	/	( ( (250.709 - 85.954)	+	(284.488 - 102.818) )	/ 2 )
	=	17.93	/	( ( 164.755	+	181.67 )	/ 2 )
	=	17.93	/	173.2125
	=	10.35 %

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

Atturra (ASX:ATA) 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.

Atturra ROCE % Related Terms

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Atturra Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Bond Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.atturra.com

Atturra Ltd is an IT services and consulting company, focused on providing end-to-end transformation services to its clients. The company's services include advisory and consulting, business applications, cloud services, data and integration, management control solutions and change management and adoption.