wrkr (ASX:WRK) ROCE % : -21.83% (As of Jun. 2024)

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What is wrkr 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. wrkr's annualized ROCE % for the quarter that ended in Jun. 2024 was -21.83%.

wrkr ROCE % Historical Data

The historical data trend for wrkr'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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wrkr ROCE % Chart

wrkr Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-96.89

-34.12

-23.35

-25.91

-30.17

wrkr Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial											-14.37	-29.79	-19.28	-41.80	-21.83

wrkr ROCE % Calculation

wrkr'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 )
	=	-3.753	/	( ( (18.257 - 2.587)	+	(55.153 - 45.945) )	/ 2 )
	=	-3.753	/	( (15.67	+	9.208)	/ 2 )
	=	-3.753	/	12.439
	=	-30.17 %

wrkr'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 )
	=	-2.112	/	( ( (16.935 - 6.797)	+	(55.153 - 45.945) )	/ 2 )
	=	-2.112	/	( ( 10.138	+	9.208 )	/ 2 )
	=	-2.112	/	9.673
	=	-21.83 %

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

wrkr (ASX:WRK) 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.

wrkr ROCE % Related Terms

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wrkr Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » wrkr Ltd (ASX:WRK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

104-112 Commonwealth Street, Suite 1, Level 3, Surry Hills, Sydney, NSW, AUS, 2010

Website

https://www.inpaytech.com.au

wrkr Ltd, formerly Integrated Payment Technologies Ltd develops technology to facilitate the secure storage and transmission of data concerning payments. Its services include ClickSuper Service, Payment Adviser Service, and Bill Exchange Service. The company's only operating segment is engaged in the provision of services that enable its customers to meet their regulatory compliance across the hire-to-retire life cycle. It does that by facilitating the transfer of data and payments between regulated authorities and participants of the ecosystem (HR/payrolls, Accountants, Banks, APRA, SMSF Funds, and federal departments like the ATO). It operates in the one geographical segment of Australia.