Deliveroo (Deliveroo) ROCE % : 12.32% (As of Dec. 2023)

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What is Deliveroo 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. Deliveroo's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.32%.

Deliveroo ROCE % Historical Data

The historical data trend for Deliveroo'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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Deliveroo ROCE % Chart

Deliveroo Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-289.47

-120.92

-37.15

-19.72

-1.06

Deliveroo Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial					-28.06	-20.89	-18.89	-11.80	12.32

Deliveroo ROCE % Calculation

Deliveroo'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 )
	=	-10.633	/	( ( (1649.086 - 420.341)	+	(1293.671 - 506.962) )	/ 2 )
	=	-10.633	/	( (1228.745	+	786.709)	/ 2 )
	=	-10.633	/	1007.727
	=	-1.06 %

Deliveroo'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	121.266	/	( ( (1618.687 - 436.869)	+	(1293.671 - 506.962) )	/ 2 )
	=	121.266	/	( ( 1181.818	+	786.709 )	/ 2 )
	=	121.266	/	984.2635
	=	12.32 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Deliveroo (OTCPK:DROOF) 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.

Deliveroo ROCE % Related Terms

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Deliveroo (Deliveroo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Deliveroo PLC (OTCPK:DROOF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ROOl:UK ROO:UK 926:Germany

Address

The River Building, 1 Cousin Lane, Level 1 Cannon Bridge House, London, GBR, EC4R 3TE

Website

https://corporate.deliveroo.co.uk

Deliveroo, is an online food delivery platform connecting consumers and local restaurants to enable quick and easy ordering and delivery. The company operates in 11 countries/regions in more than 800 towns and cities, and is headquartered in the United Kingdom, with a portfolio of over 140,000 restaurants globally. To enable delivery for the restaurants, Deliveroo has about 180,000 riders worldwide. The company generates revenue through a combination of commissions, user fees, restaurant sign-up fees and packaging sales.