Atlas Pearls (ASX:ATP) ROCE % : 47.76% (As of Dec. 2024)

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What is Atlas Pearls 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. Atlas Pearls's annualized ROCE % for the quarter that ended in Dec. 2024 was 47.76%.

Atlas Pearls ROCE % Historical Data

The historical data trend for Atlas Pearls'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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Atlas Pearls ROCE % Chart

Atlas Pearls Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-34.06

48.02

23.79

31.24

81.06

Atlas Pearls Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															29.38	34.71	109.33	48.29	47.76

Atlas Pearls ROCE % Calculation

Atlas Pearls'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 )
	=	39.831	/	( ( (40.066 - 3.916)	+	(69.853 - 7.727) )	/ 2 )
	=	39.831	/	( (36.15	+	62.126)	/ 2 )
	=	39.831	/	49.138
	=	81.06 %

Atlas Pearls's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	32.716	/	( ( (69.853 - 7.727)	+	(83.945 - 9.078) )	/ 2 )
	=	32.716	/	( ( 62.126	+	74.867 )	/ 2 )
	=	32.716	/	68.4965
	=	47.76 %

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

Atlas Pearls (ASX:ATP) 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.

Atlas Pearls ROCE % Related Terms

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Atlas Pearls Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Atlas Pearls Ltd (ASX:ATP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

26 Railway Road, Subiaco, Perth, WA, AUS, 6008

Website

https://www.atlaspearls.com.au

Atlas Pearls Ltd is engaged in producing South Sea pearls, with farming operations throughout Indonesia, and sold through a multi-faceted distribution network. The operating segments of the company are identified based on the location in which the product is sold and includes; Australia and Indonesia. The company derives a majority of its revenue from Australia.

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