Oliver's Real Food (ASX:OLI) ROCE % : 12.58% (As of Dec. 2023)

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What is Oliver's Real Food 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. Oliver's Real Food's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.58%.

Oliver's Real Food ROCE % Historical Data

The historical data trend for Oliver's Real Food'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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Oliver's Real Food ROCE % Chart

Oliver's Real Food Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-77.79

-94.01

-11.51

-73.48

222.96

Oliver's Real Food Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-151.85	65.09	1,236.23	-59.67	12.58

Oliver's Real Food ROCE % Calculation

Oliver's Real Food'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 )
	=	6.642	/	( ( (11.038 - 7.782)	+	(9.385 - 6.683) )	/ 2 )
	=	6.642	/	( (3.256	+	2.702)	/ 2 )
	=	6.642	/	2.979
	=	222.96 %

Oliver's Real Food'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 )
	=	0.754	/	( ( (9.385 - 6.683)	+	(16.345 - 7.056) )	/ 2 )
	=	0.754	/	( ( 2.702	+	9.289 )	/ 2 )
	=	0.754	/	5.9955
	=	12.58 %

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

Oliver's Real Food (ASX:OLI) 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.

Oliver's Real Food ROCE % Related Terms

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Oliver's Real Food (ASX:OLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Oliver's Real Food Ltd (ASX:OLI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

36S:Germany

Address

5 Lenton Place, Level 1, North Rocks, NSW, AUS, 2151

Website

https://www.oliversrealfood.com.au

Oliver's Real Food Ltd engages in fast-food services specializing in delicious, nutrient-dense meals, designed with the customers' wellbeing in mind. Its food is prepared daily from fresh, natural, and organic produce - nothing artificial and no additives. Some of its product includes Coffee, Breakfast, and Snack items.

Oliver's Real Food (ASX:OLI) Headlines

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