AUTLF (Austal) ROCE % : 3.83% (As of Jun. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Austal 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. Austal's annualized ROCE % for the quarter that ended in Jun. 2024 was 3.83%.

Austal ROCE % Historical Data

The historical data trend for Austal'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.

Austal ROCE % Chart

Austal Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

14.05

11.67

9.79

-0.22

4.29

Austal Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															7.83	-0.18	-0.26	4.88	3.83

Austal ROCE % Calculation

Austal'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 )
	=	40.084	/	( ( (1293.576 - 341.574)	+	(1389.925 - 471.161) )	/ 2 )
	=	40.084	/	( (952.002	+	918.764)	/ 2 )
	=	40.084	/	935.383
	=	4.29 %

Austal'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 )
	=	35.042	/	( ( (1273.381 - 362.681)	+	(1389.925 - 471.161) )	/ 2 )
	=	35.042	/	( ( 910.7	+	918.764 )	/ 2 )
	=	35.042	/	914.732
	=	3.83 %

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

Austal (OTCPK:AUTLF) 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.

Austal ROCE % Related Terms

Thank you for viewing the detailed overview of Austal's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Austal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Austal Ltd (OTCPK:AUTLF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LX6:Germany ASB:Australia

Address

100 Clarence Beach Road, Henderson, Perth, WA, AUS, 6166

Website

https://www.austal.com

Austal Ltd is engaged in designing, constructing, and supporting revolutionary defense and commercial vessels. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval vessels; naval surface warfare combatants; and patrol boats for government law enforcement and border protection agencies. Its reportable segments are USA Shipbuilding; USA Support; Australasia Shipbuilding and Australasia Support. Maximum revenue is generated from its USA Shipbuilding segment which manufactures high performance defence vessels for U.S. Navy and Coast Guard. Geographically, the company derives a majority of its revenue from the United States of America and the rest from Australia, Europe, Asia, South America, and the Middle East.