Fiinu (FRA:LWW) ROCE % : -293.31% (As of Dec. 2023)

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What is Fiinu 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. Fiinu's annualized ROCE % for the quarter that ended in Dec. 2023 was -293.31%.

Fiinu ROCE % Historical Data

The historical data trend for Fiinu'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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Fiinu ROCE % Chart

Fiinu Annual Data

Trend

Mar19

Mar20

Mar21

Dec22

Dec23

ROCE %

-117.34

-102.45

-194.58

-202.90

Fiinu Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				-9.55	-27.44	-287.38	-150.11	-293.31

Fiinu ROCE % Calculation

Fiinu'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 )
	=	-9.587	/	( ( (10.593 - 2.101)	+	(1.796 - 0.838) )	/ 2 )
	=	-9.587	/	( (8.492	+	0.958)	/ 2 )
	=	-9.587	/	4.725
	=	-202.90 %

Fiinu'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 )
	=	-8.968	/	( ( (7.469 - 2.312)	+	(1.796 - 0.838) )	/ 2 )
	=	-8.968	/	( ( 5.157	+	0.958 )	/ 2 )
	=	-8.968	/	3.0575
	=	-293.31 %

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

Fiinu (FRA:LWW) 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.

Fiinu ROCE % Related Terms

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Fiinu (FRA:LWW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fiinu PLC (FRA:LWW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BANK:UK

Address

Meadows Business Park, Station Approach, Blackwater, Camberley, GBR, GU17 9AB

Website

https://www.fiinu.com

Fiinu PLC is a digital banking platform intended to unbundle overdraft solutions without needing to switch banks. The company offers led interest income, deposit margin banking infrastructure provider and helps to manage budget or those short-term unexpected costs, in a simple and responsible way, thereby assisting individuals with short-term unexpected expenses while maintaining financial prudence to reshape banking into a hassle-free, transparent, and efficient journey.

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