Cash Converters International (FRA:UKC) ROCE % : 13.46% (As of Jun. 2024)

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What is Cash Converters International 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. Cash Converters International's annualized ROCE % for the quarter that ended in Jun. 2024 was 13.46%.

Cash Converters International ROCE % Historical Data

The historical data trend for Cash Converters International'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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Cash Converters International ROCE % Chart

Cash Converters International Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-1.34

6.36

5.80

-22.41

14.07

Cash Converters International Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															9.83	-56.28	12.08	13.91	13.46

Cash Converters International ROCE % Calculation

Cash Converters International's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	26.865	/	( ( (274.217 - 91.322)	+	(294.885 - 96.019) )	/ 2 )
	=	26.865	/	( (182.895	+	198.866)	/ 2 )
	=	26.865	/	190.8805
	=	14.07 %

Cash Converters International's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	26.902	/	( ( (292.193 - 91.216)	+	(294.885 - 96.019) )	/ 2 )
	=	26.902	/	( ( 200.977	+	198.866 )	/ 2 )
	=	26.902	/	199.9215
	=	13.46 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Cash Converters International (FRA:UKC) 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.

Cash Converters International ROCE % Related Terms

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Cash Converters International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cash Converters International Ltd (FRA:UKC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CCV:Australia

Address

141 St Georges Terrace, Level 11, Perth, WA, AUS, 6000

Website

https://www.cashconverters.com

Cash Converters International Ltd is a franchised retail network that specializes in the sale of second-hand goods. It operates through business segments: Store Operations segment, which is the key revenue driver, involves the retail sale of new and second-hand goods, cash advance, and pawnbroking operations; Personal Finance segment comprises the Cash Converters Personal Finance personal loans business; The vehicle Financing segment comprises Green Light Auto Group, which provides motor vehicle finance; the New Zealand Segment; and the United Kingdom. The company generates the majority of its revenue from the Store Operations segment.

Cash Converters International Headlines

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