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Liberty Financial Group (ASX:LFG) ROCE % : 10.55% (As of Dec. 2023)


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What is Liberty Financial Group 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. Liberty Financial Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.55%.


Liberty Financial Group ROCE % Historical Data

The historical data trend for Liberty Financial Group'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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Liberty Financial Group ROCE % Chart

Liberty Financial Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23
ROCE %
- 10.52 5.89 8.61

Liberty Financial Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial 5.76 5.30 8.30 9.64 10.55

Liberty Financial Group ROCE % Calculation

Liberty Financial Group'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 )
=1029.948/( ( (14325.203 - 1753.572) + (15692.411 - 4340.878) )/ 2 )
=1029.948/( (12571.631+11351.533)/ 2 )
=1029.948/11961.582
=8.61 %

Liberty Financial Group'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 )
=1229.25/( ( (15692.411 - 4340.878) + (15747.039 - 3797.676) )/ 2 )
=1229.25/( ( 11351.533 + 11949.363 )/ 2 )
=1229.25/11650.448
=10.55 %

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

* 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.


Liberty Financial Group  (ASX:LFG) 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.


Liberty Financial Group ROCE % Related Terms

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Liberty Financial Group (ASX:LFG) Business Description

Traded in Other Exchanges
N/A
Address
535 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000
Liberty Financial Group Ltd is a financial services company. The company provides home loans, business loans, motor vehicle finance, personal loans, and residential and commercial mortgages. Its segments include Residential Finance, Secured Finance, Financial Services and Corporate. It generates maximum revenue from Residential Finance.

Liberty Financial Group (ASX:LFG) Headlines

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