Electro Optic Systems Hldgs (Electro Optic Systems Hldgs) ROCE % : 10.26% (As of Dec. 2023)

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What is Electro Optic Systems Hldgs 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. Electro Optic Systems Hldgs's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.26%.

Electro Optic Systems Hldgs ROCE % Historical Data

The historical data trend for Electro Optic Systems Hldgs'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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Electro Optic Systems Hldgs ROCE % Chart

Electro Optic Systems Hldgs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.09

-9.98

-0.77

-14.36

-2.03

Electro Optic Systems Hldgs Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															1.89	-63.09	33.97	-13.70	10.26

Electro Optic Systems Hldgs ROCE % Calculation

Electro Optic Systems Hldgs'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 )
	=	-4.021	/	( ( (281.645 - 70.711)	+	(263.208 - 77.306) )	/ 2 )
	=	-4.021	/	( (210.934	+	185.902)	/ 2 )
	=	-4.021	/	198.418
	=	-2.03 %

Electro Optic Systems Hldgs'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 )
	=	19.074	/	( ( (267.518 - 81.453)	+	(263.208 - 77.306) )	/ 2 )
	=	19.074	/	( ( 186.065	+	185.902 )	/ 2 )
	=	19.074	/	185.9835
	=	10.26 %

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

Electro Optic Systems Hldgs (OTCPK:EOPSF) 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.

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Electro Optic Systems Hldgs (Electro Optic Systems Hldgs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Electro Optic Systems Hldgs Ltd (OTCPK:EOPSF) » Definitions » ROCE %

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EOS:Australia

Address

18 Wormald Street, Symonston, Canberra, ACT, AUS, 2609

Website

https://www.eos-aus.com

Electro Optic Systems Hldgs Ltd is an Australian technology company. It develops and produces electro-optic technologies for the aerospace market. The group's reportable segments are, Defence and Space. It generates maximum revenue from the Defence segment. The Defence segment develops, manufactures and markets advanced fire control, surveillance, and weapon systems to approved military customers. Space Systems segment includes a range of ground products available to support the Australian and international space markets. Geographically, it derives a majority of its revenue from North America.

Electro Optic Systems Hldgs (Electro Optic Systems Hldgs) Headlines

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