Simble Solutions (ASX:SIS) ROCE % : 0.00% (As of Jun. 2024)

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What is Simble Solutions 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. Simble Solutions's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Simble Solutions ROCE % Historical Data

The historical data trend for Simble Solutions'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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Simble Solutions ROCE % Chart

Simble Solutions Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-443.43

Simble Solutions Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial									-650.66	-999.52	-	-	-

Simble Solutions ROCE % Calculation

Simble Solutions's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1.403	/	( ( (1.238 - 1.532)	+	(0.878 - 1.06) )	/ 2 )
	=	-1.403	/	( (-0.294	+	-0.182)	/ 2 )
	=	-1.403	/	-0.238
	=	589.50 %

Simble Solutions's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-1.306	/	( ( (0.878 - 1.06)	+	(0.743 - 1.143) )	/ 2 )
	=	-1.306	/	( ( -0.182	+	-0.4 )	/ 2 )
	=	-1.306	/	-0.291
	=	0 %

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

Simble Solutions (ASX:SIS) 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.

Simble Solutions ROCE % Related Terms

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Simble Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Simble Solutions Ltd (ASX:SIS) » Definitions » ROCE %

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Address

383 George Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.simblegroup.com

Simble Solutions Ltd provides and develops Software as a Service (SaaS) for businesses and organizations seeking energy intelligence, carbon reporting, and business productivity solutions. The company offers several cloud-based SaaS products which are accessible via a web browser. The company provides customers access to an online portal for the subscription period as specified in contracts. The company operates in Australia and the United Kingdom.

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