Locafy (Locafy) ROCE % : -59.95% (As of Mar. 2024)

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What is Locafy 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. Locafy's annualized ROCE % for the quarter that ended in Mar. 2024 was -59.95%.

Locafy ROCE % Historical Data

The historical data trend for Locafy'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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Locafy ROCE % Chart

Locafy Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

-143.95

-67.76

Locafy Quarterly Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							-279.96	143.08	-61.00	-51.72	-59.95

Locafy ROCE % Calculation

Locafy's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-2.584	/	( ( (6.012 - 2.05)	+	(6.198 - 2.533) )	/ 2 )
	=	-2.584	/	( (3.962	+	3.665)	/ 2 )
	=	-2.584	/	3.8135
	=	-67.76 %

Locafy'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 )
	=	-1.684	/	( ( (4.455 - 1.61)	+	(4.724 - 1.951) )	/ 2 )
	=	-1.684	/	( ( 2.845	+	2.773 )	/ 2 )
	=	-1.684	/	2.809
	=	-59.95 %

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

Locafy (NAS:LCFY) 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.

Locafy ROCE % Related Terms

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Locafy (Locafy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Locafy Ltd (NAS:LCFY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

246 Churchill Avenue, Subiaco, Perth, WA, AUS, 6008

Website

https://www.locafy.com

Locafy Ltd is focused on commercializing its Software as a Service (SaaS) online publishing technology platform. Its platform enables the ability to publish almost any type of content to almost any device that uses a web browser to display web content. The firm has three operating segments: the Publishing segment, the Reseller segment, and the Channel sales segment. It derives a majority of its revenue from Australia and New Zealand.