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The Artisanal Spirits Co (FRA:045) ROCE % : 3.72% (As of Dec. 2023)


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What is The Artisanal Spirits Co 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. The Artisanal Spirits Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.72%.


The Artisanal Spirits Co ROCE % Historical Data

The historical data trend for The Artisanal Spirits Co'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.

The Artisanal Spirits Co ROCE % Chart

The Artisanal Spirits Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial -4.12 -4.16 -9.47 -3.82 -4.71

The Artisanal Spirits Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.71 -4.87 -2.85 -13.63 3.72

The Artisanal Spirits Co ROCE % Calculation

The Artisanal Spirits Co'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 )
=-2.39/( ( (54.46 - 5.548) + (57.83 - 5.309) )/ 2 )
=-2.39/( (48.912+52.521)/ 2 )
=-2.39/50.7165
=-4.71 %

The Artisanal Spirits Co'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 )
=1.894/( ( (55.724 - 6.325) + (57.83 - 5.309) )/ 2 )
=1.894/( ( 49.399 + 52.521 )/ 2 )
=1.894/50.96
=3.72 %

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


The Artisanal Spirits Co  (FRA:045) 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.


The Artisanal Spirits Co ROCE % Related Terms

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The Artisanal Spirits Co (FRA:045) Business Description

Traded in Other Exchanges
Address
87 Giles Street, The Vaults, Edinburgh, GBR, EH6 6BZ
The Artisanal Spirits Co PLC is a curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership. It offers a range of other spirits such as single cask Bourbon, Indian and Japanese whisky, as well as single cask Armagnac, Cognac, gin and rum. Its operations are predominantly based in the UK with the Group also generating revenues across several international markets, including China, the USA, Germany, France, Sweden, Japan, Australia, and Taiwan.

The Artisanal Spirits Co (FRA:045) Headlines

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