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RemSense Technologies (ASX:REM) ROCE % : 81.50% (As of Dec. 2024)


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What is RemSense Technologies 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. RemSense Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was 81.50%.

RemSense Technologies ROCE % Historical Data

The historical data trend for RemSense Technologies'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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RemSense Technologies ROCE % Chart

RemSense Technologies Annual Data
Trend Jun22 Jun23 Jun24
ROCE %
-94.84 -138.75 -147.31

RemSense Technologies Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial -124.96 -143.02 -118.70 -155.83 81.50

RemSense Technologies ROCE % Calculation

RemSense Technologies'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 )
=-2.273/( ( (2.845 - 1.064) + (2.117 - 0.812) )/ 2 )
=-2.273/( (1.781+1.305)/ 2 )
=-2.273/1.543
=-147.31 %

RemSense Technologies'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 )
=1.608/( ( (2.117 - 0.812) + (3.612 - 0.971) )/ 2 )
=1.608/( ( 1.305 + 2.641 )/ 2 )
=1.608/1.973
=81.50 %

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

RemSense Technologies  (ASX:REM) 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.

RemSense Technologies ROCE % Related Terms

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RemSense Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » RemSense Technologies Ltd (ASX:REM) » Definitions » ROCE %
Comparable Companies
ASX:AD1 ASX:SOC ASX:ATV ASX:DXN ASX:IFG ASX:CGO ASX:CT1 ASX:ASV ASX:CCG IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH CTSH IT FIS BOM:507685 TSE:6702
Traded in Other Exchanges
N/A
Address
580 Hay Street, Suite 173, Level 3, Perth, WA, AUS, 6000
Website
https://www.remsense.com.au
RemSense Technologies Ltd is engaged in technology development digital engineering solutions and its virtual plant photogrammic Digital Twin software product and services in a range of markets and applications in Western Australia. It is engaged in developing and market virtual plant is a productive and scalable photogrammetric digital twin that enables visual information from remote or distributed assets to be securely available to all users on existing hardware. data and analytics services to clients through both aerial and terrestrial scanning and imaging and a broad spectrum of services such as photogrammetry/surveying, inspection of assets, and environmental and rehabilitation impact studies.