BTS Group Holdings (BTS Group Holdings) ROCE % : -7.71% (As of Dec. 2023)

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What is BTS Group Holdings 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. BTS Group Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -7.71%.

BTS Group Holdings ROCE % Historical Data

The historical data trend for BTS Group Holdings'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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BTS Group Holdings ROCE % Chart

BTS Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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6.21

9.46

6.23

4.14

3.14

BTS Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															4.61	1.61	1.35	3.93	-7.71

BTS Group Holdings ROCE % Calculation

BTS Group Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	202.375	/	( ( (7626.646 - 1427.876)	+	(7861.152 - 1184.872) )	/ 2 )
	=	202.375	/	( (6198.77	+	6676.28)	/ 2 )
	=	202.375	/	6437.525
	=	3.14 %

BTS Group Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-483.12	/	( ( (7689.496 - 1485.351)	+	(7819.959 - 1493.467) )	/ 2 )
	=	-483.12	/	( ( 6204.145	+	6326.492 )	/ 2 )
	=	-483.12	/	6265.3185
	=	-7.71 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

BTS Group Holdings (OTCPK:BTGWF) 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.

BTS Group Holdings ROCE % Related Terms

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BTS Group Holdings (BTS Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » BTS Group Holdings PLC (OTCPK:BTGWF) » Definitions » ROCE %

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Traded in Other Exchanges

BTS-F:Thailand BTS:Thailand

Address

21 Soi Choei Phuang, Viphavadi-Rangsit Road, 15th Floor, TST Tower, Jompol, Jatujak, Bangkok, THA, 10900

Website

https://www.btsgroup.co.th

BTS Group Holdings PLC is a transport and media company domiciled in Thailand. The company's segments include Move; Mix and Match. It generates maximum revenue from the Move segment. Move segment accounts for the provision of mass transportation services for rail and other. The revenue and cost consist of the electric rail's operating and maintenance service, electric rail's installation and construction services, train procurement services and other related services as well as the provision of the bus rapid transit.