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Logistics Development Group (Logistics Development Group) ROCE % : -0.93% (As of Nov. 2023)


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What is Logistics Development Group 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. Logistics Development Group's annualized ROCE % for the quarter that ended in Nov. 2023 was -0.93%.


Logistics Development Group ROCE % Historical Data

The historical data trend for Logistics Development Group'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.

Logistics Development Group ROCE % Chart

Logistics Development Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.07 -2.48 -1.32 -0.76 -0.95

Logistics Development Group Semi-Annual Data
Nov14 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 -0.85 -0.85 -0.83 -0.89 -0.93

Logistics Development Group ROCE % Calculation

Logistics Development Group's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Nov. 2023 )  (A: Nov. 2022 )(A: Nov. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Nov. 2023 )  (A: Nov. 2022 )(A: Nov. 2023 )
=-1.211/( ( (133.358 - 1.238) + (123.009 - 0.48) )/ 2 )
=-1.211/( (132.12+122.529)/ 2 )
=-1.211/127.3245
=-0.95 %

Logistics Development Group's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2023 )  (Q: May. 2023 )(Q: Nov. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2023 )  (Q: May. 2023 )(Q: Nov. 2023 )
=-1.216/( ( (138.961 - 0.453) + (123.009 - 0.48) )/ 2 )
=-1.216/( ( 138.508 + 122.529 )/ 2 )
=-1.216/130.5185
=-0.93 %

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


Logistics Development Group  (OTCPK:ESLGF) 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.


Logistics Development Group ROCE % Related Terms

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Logistics Development Group (Logistics Development Group) Business Description

Traded in Other Exchanges
Address
3 More London Riverside, 4th Floor, London, GBR, SE1 2AQ
Logistics Development Group PLC is a logistics and supply chain company in the UK. The company provides transport, warehousing, rail, and freight logistics services to a range of UK and international customers.

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