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AUDAQ (Audacy) ROCE % : 0.58% (As of Jun. 2024)


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What is Audacy 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. Audacy's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.58%.

Audacy ROCE % Historical Data

The historical data trend for Audacy'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.

* Premium members only.

Audacy ROCE % Chart

Audacy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.76 -7.34 2.66 -2.47 -97.02

Audacy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.48 -63.52 -1,985.40 -0.67 0.58

Audacy ROCE % Calculation

Audacy'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 )
=-1353.223/( ( (3284.893 - 207.854) + (1900.44 - 2187.946) )/ 2 )
=-1353.223/( (3077.039+-287.506)/ 2 )
=-1353.223/1394.7665
=-97.02 %

Audacy'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: Mar. 2024 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=9.844/( ( (1892.463 - 194.147) + (1889.636 - 200.891) )/ 2 )
=9.844/( ( 1698.316 + 1688.745 )/ 2 )
=9.844/1693.5305
=0.58 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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.

Audacy  (OTCPK:AUDAQ) 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.

Audacy ROCE % Related Terms

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Audacy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Audacy Inc (OTCPK:AUDAQ) » Definitions » ROCE %
Comparable Companies
TMGI NXST XTER:RRTL TSE:9401 LSE:ITV SZSE:301551 SAU:4072 TSE:9404 BOM:532733 LUX:SESGL TSE:4676 TGNA SHSE:600959 MIL:MFEB XPAR:TFI TSE:9412 XPAR:MMT ISX:EMTK NSE:ZEEL SZSE:301262
Traded in Other Exchanges
N/A
Address
2400 Market Street, 4th Floor, Philadelphia, PA, USA, 19103
Website
https://www.audacyinc.com
Audacy Inc is a scaled, multi platform audio content and entertainment company engaged in the segment of audio. It is a creator of original, premium audio. It brings people together around the news, sports, podcasts, and music that matter to them.
Executives
John David Crowley officer: EVP & Chief Digital Officer 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
David J Field director, officer: Chairman, President and CEO 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Monique Nelson director 2400 MARKET STREET, FOURTH FLOOR, PHILADELPHIA PA 19103
Joel Hollander director
David J Berkman director 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
David Levy director 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Mark R Laneve director 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Susan K Neely director 401 E. CITY AVENUE, SUITE 809, BALA CYNWYD PA 19004
Joseph M Field director, 10 percent owner, officer: Chairman Emeritus 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Brian F Benedik officer: Chief Revenue Officer 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Elizabeth Bramowski officer: Principal Acctg Ofcr & Treasr 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Susan Larkin officer: EVP & Chief Operating Officer 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Sutor Andrew P Iv officer: Exec. Vice Pres. & Secretary 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Richard J Schmaeling officer: CFO & EVP Strat. Initiatives C/O AUDACY, INC., 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Louise C Kramer director 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103