KMD Brands (ASX:KMD) ROCE % : -0.73% (As of Jan. 2024)

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What is KMD Brands 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. KMD Brands's annualized ROCE % for the quarter that ended in Jan. 2024 was -0.73%.

KMD Brands ROCE % Historical Data

The historical data trend for KMD Brands'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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KMD Brands ROCE % Chart

KMD Brands Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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16.84

4.02

7.27

5.30

5.24

KMD Brands Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
ROCE %	Get a 7-Day Free Trial															-0.43	10.98	4.12	6.12	-0.73

KMD Brands ROCE % Calculation

KMD Brands's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	61.186	/	( ( (1403.38 - 245.104)	+	(1416.915 - 238.853) )	/ 2 )
	=	61.186	/	( (1158.276	+	1178.062)	/ 2 )
	=	61.186	/	1168.169
	=	5.24 %

KMD Brands's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	-8.59	/	( ( (1416.915 - 238.853)	+	(1399.592 - 230.887) )	/ 2 )
	=	-8.59	/	( ( 1178.062	+	1168.705 )	/ 2 )
	=	-8.59	/	1173.3835
	=	-0.73 %

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

KMD Brands (ASX:KMD) 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.

KMD Brands ROCE % Related Terms

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KMD Brands (ASX:KMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » KMD Brands Ltd (ASX:KMD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KMD:New Zealand KD2:Germany

Address

223 Tuam Street, Christchurch Central, Christchurch, NZL, 8011

Website

https://www.kmdbrands.com

KMD Brands Ltd is a designer, marketer, retailer, and wholesaler of apparel, footwear, and equipment for surfing and the outdoors. The company operates through three brands including Kathmandu, which is a designer, retailer, and wholesaler of apparel footwear, and equipment for outdoor travel and adventure; Rip Curl, which is a designer, manufacturer, wholesaler and retailer of surfing equipment and apparel; and Oboz, which is a designer, wholesaler and online retailer of outdoor footwear. The company generates the majority of its revenue from Kathmandu segment.

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