Quickstep Holdings (ASX:QHL) ROCE % : 7.21% (As of Dec. 2024)

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What is Quickstep Holdings 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. Quickstep Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.21%.

Quickstep Holdings ROCE % Historical Data

The historical data trend for Quickstep Holdings'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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Quickstep Holdings ROCE % Chart

Quickstep Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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12.87

0.24

3.72

-8.55

0.13

Quickstep Holdings 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															-15.54	-2.37	-6.09	8.34	7.21

Quickstep Holdings ROCE % Calculation

Quickstep Holdings'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 )
	=	0.052	/	( ( (77.725 - 27.56)	+	(73.896 - 44.27) )	/ 2 )
	=	0.052	/	( (50.165	+	29.626)	/ 2 )
	=	0.052	/	39.8955
	=	0.13 %

Quickstep Holdings'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 )
	=	1.734	/	( ( (73.896 - 44.27)	+	(62.379 - 43.892) )	/ 2 )
	=	1.734	/	( ( 29.626	+	18.487 )	/ 2 )
	=	1.734	/	24.0565
	=	7.21 %

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

Quickstep Holdings (ASX:QHL) 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.

Quickstep Holdings ROCE % Related Terms

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Quickstep Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Quickstep Holdings Ltd (ASX:QHL) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

361 Milperra Road, Bankstown Airport, Bankstown Aerodrome, Sydney, NSW, AUS, 2200

Website

https://www.quickstep.com.au

Quickstep Holdings Ltd manufactures advanced composites for defense and commercial aerospace, and other industry manufacturing sectors. The group consisted of the production of parts for Northrop Grumman for the Joint Strike Fighter Project, C-130J wing flaps for Lockheed Martin, and Others. Its geographic segments include the United States of America, Australia, and the United Kingdom of which it generates the majority of its revenue from the United States of America.

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