Kinatico (ASX:KYP) ROCE % : 1.65% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Kinatico 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. Kinatico's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.65%.

Kinatico ROCE % Historical Data

The historical data trend for Kinatico'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.

Kinatico ROCE % Chart

Kinatico Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-27.34

-24.72

-6.24

-4.83

0.76

Kinatico Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial												-4.41	-5.30	-7.89	9.59	1.65

Kinatico ROCE % Calculation

Kinatico'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 )
	=	0.202	/	( ( (33.655 - 6.788)	+	(32.441 - 6.461) )	/ 2 )
	=	0.202	/	( (26.867	+	25.98)	/ 2 )
	=	0.202	/	26.4235
	=	0.76 %

Kinatico'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 )
	=	0.43	/	( ( (32.441 - 6.461)	+	(32.385 - 6.348) )	/ 2 )
	=	0.43	/	( ( 25.98	+	26.037 )	/ 2 )
	=	0.43	/	26.0085
	=	1.65 %

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

Kinatico (ASX:KYP) 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.

Kinatico ROCE % Related Terms

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

Kinatico (ASX:KYP) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

999 Hay Street, Level 4, Perth, WA, AUS, 6000

Website

https://www.kinatico.com

Kinatico Ltd is a know-your-people technology company helping employers to manage their workforce and meet their regulatory compliance needs. It operates an online screening and verification service through its website cvcheck.biz. The company has developed an online interface for users to engage CVCheck to access primary and third-party information data providers and sources. Its geographical segments are Australia and New Zealand. Generating, a majority of its revenue from Australia.

Kinatico (ASX:KYP) Headlines

No Headlines