K2 Asset Management Holdings (ASX:KAM) ROCE % : -7.86% (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is K2 Asset Management Holdings 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. K2 Asset Management Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -7.86%.

K2 Asset Management Holdings ROCE % Historical Data

The historical data trend for K2 Asset Management Holdings'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.

K2 Asset Management Holdings ROCE % Chart

K2 Asset Management Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

-6.05

2.82

-13.51

-19.67

-6.35

K2 Asset Management Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-17.46	-18.50	-19.75	-4.34	-7.86

K2 Asset Management Holdings ROCE % Calculation

K2 Asset Management Holdings'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 )
	=	-0.566	/	( ( (10.307 - 1.576)	+	(10.908 - 1.822) )	/ 2 )
	=	-0.566	/	( (8.731	+	9.086)	/ 2 )
	=	-0.566	/	8.9085
	=	-6.35 %

K2 Asset Management Holdings'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 )
	=	-0.734	/	( ( (11.19 - 1.595)	+	(10.908 - 1.822) )	/ 2 )
	=	-0.734	/	( ( 9.595	+	9.086 )	/ 2 )
	=	-0.734	/	9.3405
	=	-7.86 %

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

K2 Asset Management Holdings (ASX:KAM) 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.

K2 Asset Management Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of K2 Asset Management Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

K2 Asset Management Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » K2 Asset Management Holdings Ltd (ASX:KAM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Collins Street, Level 44, Melbourne, VIC, AUS, 3000

Website

https://www.k2am.com.au

K2 Asset Management Holdings Ltd is an Australia-based fund holding company specializing in managing funds for retail, wholesale, and institutional investors. The firm invests in the public equity markets across the globe. It manages equity mutual funds for its clients. The company gets a majority of its revenue from management and performance fees.

K2 Asset Management Holdings Headlines

No Headlines