Identitii (ASX:ID8) ROCE % : -169.07% (As of Dec. 2024)

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What is Identitii 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. Identitii's annualized ROCE % for the quarter that ended in Dec. 2024 was -169.07%.

Identitii ROCE % Historical Data

The historical data trend for Identitii'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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Identitii ROCE % Chart

Identitii Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-203.25

-178.33

-80.38

-121.86

-197.89

Identitii Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial									-113.74	-144.24	-105.52	-191.28	-169.07

Identitii ROCE % Calculation

Identitii'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 )
	=	-3.468	/	( ( (4.458 - 2.133)	+	(3.078 - 1.898) )	/ 2 )
	=	-3.468	/	( (2.325	+	1.18)	/ 2 )
	=	-3.468	/	1.7525
	=	-197.89 %

Identitii'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 )
	=	-3.712	/	( ( (3.078 - 1.898)	+	(5.294 - 2.083) )	/ 2 )
	=	-3.712	/	( ( 1.18	+	3.211 )	/ 2 )
	=	-3.712	/	2.1955
	=	-169.07 %

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

Identitii (ASX:ID8) 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.

Identitii ROCE % Related Terms

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Identitii Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Identitii Ltd (ASX:ID8) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

210 George Street, Level 8, Sydney, NSW, AUS, 2000

Website

https://www.identitii.com

Identitii Ltd is is a software company that helps financial services businesses and other regulated entities securely manage information collection and sharing, reducing the growing burden of data compliance requirements. Geographically, the company has a presence in Asia, Australia and the United States of America, out of which it derives maximum revenue from United States of America.

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