Lions Gate Entertainment (FRA:LGNA) ROCE % : -3.18% (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Lions Gate Entertainment 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. Lions Gate Entertainment's annualized ROCE % for the quarter that ended in Mar. 2024 was -3.18%.

Lions Gate Entertainment ROCE % Historical Data

The historical data trend for Lions Gate Entertainment'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.

Lions Gate Entertainment ROCE % Chart

Lions Gate Entertainment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-0.18

2.42

-0.02

-31.55

-22.70

Lions Gate Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-1.21	0.03	-84.23	-4.65	-3.18

Lions Gate Entertainment ROCE % Calculation

Lions Gate Entertainment's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-838.58	/	( ( (6936.071 - 2401.034)	+	(6525.284 - 3672.732) )	/ 2 )
	=	-838.58	/	( (4535.037	+	2852.552)	/ 2 )
	=	-838.58	/	3693.7945
	=	-22.70 %

Lions Gate Entertainment's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-103.408	/	( ( (6560.86 - 2908.541)	+	(6525.284 - 3672.732) )	/ 2 )
	=	-103.408	/	( ( 3652.319	+	2852.552 )	/ 2 )
	=	-103.408	/	3252.4355
	=	-3.18 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Lions Gate Entertainment (FRA:LGNA) 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.

Lions Gate Entertainment ROCE % Related Terms

Thank you for viewing the detailed overview of Lions Gate Entertainment's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lions Gate Entertainment (FRA:LGNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lions Gate Entertainment Corp (FRA:LGNA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LGF.A:USA LGF.B:USA LGNA:Germany

Address

250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8

Website

https://www.lionsgate.com

Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.

Lions Gate Entertainment (FRA:LGNA) Headlines

No Headlines