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JBDI (JBDI Holdings) ROCE % : -124.90% (As of May. 2024)


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What is JBDI Holdings 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. JBDI Holdings's annualized ROCE % for the quarter that ended in May. 2024 was -124.90%.

JBDI Holdings ROCE % Historical Data

The historical data trend for JBDI Holdings'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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JBDI Holdings ROCE % Chart

JBDI Holdings Annual Data
Trend May21 May22 May23 May24
ROCE %
26.46 62.63 32.40 -45.52

JBDI Holdings Semi-Annual Data
May21 Nov21 May22 Nov22 May23 Nov23 May24
ROCE % Get a 7-Day Free Trial 77.65 50.22 5.86 29.06 -124.90

JBDI Holdings ROCE % Calculation

JBDI Holdings's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=-1.061/( ( (6.337 - 3.123) + (4.455 - 3.007) )/ 2 )
=-1.061/( (3.214+1.448)/ 2 )
=-1.061/2.331
=-45.52 %

JBDI Holdings's ROCE % of for the quarter that ended in May. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2024 )  (Q: Nov. 2023 )(Q: May. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2024 )  (Q: Nov. 2023 )(Q: May. 2024 )
=-3.1/( ( (6.122 - 2.606) + (4.455 - 3.007) )/ 2 )
=-3.1/( ( 3.516 + 1.448 )/ 2 )
=-3.1/2.482
=-124.90 %

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

JBDI Holdings  (NAS:JBDI) 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.

JBDI Holdings ROCE % Related Terms

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JBDI Holdings Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JBDI Holdings Ltd (NAS:JBDI) » Definitions » ROCE %
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Traded in Other Exchanges
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Address
34 Gul Crescent, Singapore, SGP, 629538
Website
https://www.barrels.com.sg
JBDI Holdings Ltd is a supplier of Reconditioned and new Containers in Singapore. Its products include Reconditioned and new steel drums, plastic drums, carboys and IBCs.