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Gratifii (ASX:GTI) ROCE % : -42.32% (As of Dec. 2023)


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What is Gratifii 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. Gratifii's annualized ROCE % for the quarter that ended in Dec. 2023 was -42.32%.


Gratifii ROCE % Historical Data

The historical data trend for Gratifii'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.

Gratifii ROCE % Chart

Gratifii Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -606.65 - - -43.94 -48.87

Gratifii Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -94.33 -59.95 -48.89 -43.45 -42.32

Gratifii ROCE % Calculation

Gratifii'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 )
=-3.596/( ( (13.579 - 7.766) + (19.262 - 10.357) )/ 2 )
=-3.596/( (5.813+8.905)/ 2 )
=-3.596/7.359
=-48.87 %

Gratifii's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-3.806/( ( (19.262 - 10.357) + (18.562 - 9.481) )/ 2 )
=-3.806/( ( 8.905 + 9.081 )/ 2 )
=-3.806/8.993
=-42.32 %

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

* 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.


Gratifii  (ASX:GTI) 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.


Gratifii ROCE % Related Terms

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Gratifii (ASX:GTI) Business Description

Traded in Other Exchanges
N/A
Address
44a Foveaux Street, Suite 2, Level 1, Sydney, NSW, AUS, 2010
Gratifii Ltd helps businesses create customer loyalty and engagement. Its software as a service (SaaS) platform powers enterprise loyalty and reward programs. The company focuses on retail, hospitality, telecom, banking, insurance, and financial services. Its platform Mosaic is an extensible enterprise cloud platform that allows businesses to customize, operate, and manage their loyalty programs. The company's geographical segment includes Australia; South Africa and Singapore. It derives a majority of revenue from Australia.

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