Lindsay Australia (ASX:LAU) ROCE % : 15.78% (As of Dec. 2024)

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What is Lindsay Australia 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. Lindsay Australia's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.78%.

Lindsay Australia ROCE % Historical Data

The historical data trend for Lindsay Australia'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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Lindsay Australia ROCE % Chart

Lindsay Australia Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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5.72

3.12

11.37

17.49

12.24

Lindsay Australia Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															19.84	16.34	18.13	5.47	15.78

Lindsay Australia ROCE % Calculation

Lindsay Australia'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 )
	=	43.035	/	( ( (487.798 - 134.079)	+	(550.051 - 200.841) )	/ 2 )
	=	43.035	/	( (353.719	+	349.21)	/ 2 )
	=	43.035	/	351.4645
	=	12.24 %

Lindsay Australia'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 )
	=	57.006	/	( ( (550.051 - 200.841)	+	(540.303 - 166.909) )	/ 2 )
	=	57.006	/	( ( 349.21	+	373.394 )	/ 2 )
	=	57.006	/	361.302
	=	15.78 %

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

Lindsay Australia (ASX:LAU) 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.

Lindsay Australia ROCE % Related Terms

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Lindsay Australia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Lindsay Australia Ltd (ASX:LAU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

152 Postle Street, Acacia Ridge, Brisbane, QLD, AUS, 4110

Website

https://www.lindsayaustralia.com.au

Lindsay Australia Ltd is an integrated transport, logistics and rural supply company that has a specific focus on servicing customers in the food processing, food services, fresh produce and horticulture sectors. It includes transportation of general and refrigerated products and the sale and distribution of agricultural supply products. It operates through Transport, Rural segments, and Hunter segment . The Transport segment is involved in the cartage of general and refrigerated products, and ancillary sales. The Rural segment sells and distributes a range of agricultural supply products. The Hunter segment includes sale and distribution of a range of agricultural, home, timber and hardware products. The company generates maximum revenue from the Transport segment.

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