Beforepay Group (ASX:B4P) ROCE % : 12.65% (As of Jun. 2024)

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What is Beforepay Group 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. Beforepay Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 12.65%.

Beforepay Group ROCE % Historical Data

The historical data trend for Beforepay Group'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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Beforepay Group ROCE % Chart

Beforepay Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

ROCE %

-47.50

-8.50

17.40

Beforepay Group Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	-	-10.78	-1.90	18.84	12.65

Beforepay Group ROCE % Calculation

Beforepay Group'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 )
	=	8.275	/	( ( (65.173 - 38.305)	+	(73.492 - 5.23) )	/ 2 )
	=	8.275	/	( (26.868	+	68.262)	/ 2 )
	=	8.275	/	47.565
	=	17.40 %

Beforepay Group'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 )
	=	8.216	/	( ( (65.933 - 4.344)	+	(73.492 - 5.23) )	/ 2 )
	=	8.216	/	( ( 61.589	+	68.262 )	/ 2 )
	=	8.216	/	64.9255
	=	12.65 %

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

Beforepay Group (ASX:B4P) 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.

Beforepay Group ROCE % Related Terms

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Beforepay Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beforepay Group Ltd (ASX:B4P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Castlereagh Street, Suite 1, Level 9, Sydney, NSW, AUS, 2000

Website

https://www.beforepay.com.au

Beforepay Group Ltd operates in the pay-on-demand industry. It offers an app that helps users access their Pay On-Demand, track their spending habits, and learn how to budget.

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