MoneyMe (ASX:MME) ROCE % : 3.67% (As of Dec. 2024)

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What is MoneyMe 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. MoneyMe's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.67%.

MoneyMe ROCE % Historical Data

The historical data trend for MoneyMe'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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MoneyMe ROCE % Chart

MoneyMe Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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12.26

0.17

-1.05

7.44

8.35

MoneyMe Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial						12.91	14.52	15.30	14.28	3.67

MoneyMe ROCE % Calculation

MoneyMe'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 )
	=	110.635	/	( ( (1293.225 - 6.199)	+	(1367.503 - 5.953) )	/ 2 )
	=	110.635	/	( (1287.026	+	1361.55)	/ 2 )
	=	110.635	/	1324.288
	=	8.35 %

MoneyMe'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 )
	=	27.724	/	( ( (1367.503 - 5.953)	+	(1540.248 - 1389.381) )	/ 2 )
	=	27.724	/	( ( 1361.55	+	150.867 )	/ 2 )
	=	27.724	/	756.2085
	=	3.67 %

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

MoneyMe (ASX:MME) 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.

MoneyMe ROCE % Related Terms

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MoneyMe Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » MoneyMe Ltd (ASX:MME) » Definitions » ROCE %

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Address

131 Macquarie Street, Level 3, Sydney, NSW, AUS, 2000

Website

https://www.moneyme.com.au

MoneyMe Ltd is a digital consumer credit business that leverages technology platforms and big data analytics to deliver loan offerings to tech-savvy consumers. The company provides its lenders, with financing solutions to fulfill a variety of personal funding requirements. It offers various types of loans personal loans, cash loans, quick cash loans, and short-term loans among others. It also offers a range of credit cards.

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