BlinkLab (ASX:BB1) ROCE % : -78.62% (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is BlinkLab 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. BlinkLab's annualized ROCE % for the quarter that ended in Dec. 2024 was -78.62%.

BlinkLab ROCE % Historical Data

The historical data trend for BlinkLab'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.

* Premium members only.

BlinkLab ROCE % Chart

BlinkLab Annual Data

Trend

Jun23

Jun24

ROCE %

-1,467.39

-52.66

BlinkLab Semi-Annual Data
	Dec22	Jun23	Jun24	Dec24
ROCE %	-172.31	-311.01	-	-78.62

BlinkLab ROCE % Calculation

BlinkLab'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 )
	=	-1.749	/	( ( (0.37 - 0.324)	+	(6.87 - 0.274) )	/ 2 )
	=	-1.749	/	( (0.046	+	6.596)	/ 2 )
	=	-1.749	/	3.321
	=	-52.66 %

BlinkLab'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 )
	=	-4.458	/	( ( (6.87 - 0.274)	+	(5.094 - 0.349) )	/ 2 )
	=	-4.458	/	( ( 6.596	+	4.745 )	/ 2 )
	=	-4.458	/	5.6705
	=	-78.62 %

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

BlinkLab (ASX:BB1) 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.

BlinkLab ROCE % Related Terms

Thank you for viewing the detailed overview of BlinkLab's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

BlinkLab Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » BlinkLab Ltd (ASX:BB1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.blinklab.org

BlinkLab Ltd is a company that has the license to commercialize the Licensed IP and has developed a smartphone-based application with an e-platform that serves as a medical device to perform neurometric tests to aid in the diagnosis of ASD, ADHD, schizophrenia, and other neurodevelopmental conditions. The results from the BlinkLab Tests are recorded by smartphone and uploaded to BlinkLab's confidential and secure online platform where the data is analyzed.

BlinkLab Headlines

No Headlines