LLYVB (Liberty Live Group) ROCE % : 10.53% (As of Sep. 2024)

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What is Liberty Live Group 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. Liberty Live Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.53%.

Liberty Live Group ROCE % Historical Data

The historical data trend for Liberty Live Group'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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Liberty Live Group ROCE % Chart

Liberty Live Group Annual Data

Trend

Dec23

ROCE %

-15.71

Liberty Live Group Quarterly Data
	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	-7.84	-53.72	-34.69	77.46	10.53

Liberty Live Group ROCE % Calculation

Liberty Live Group'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: . 20 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: . 20 )		(A: Dec. 2023 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Liberty Live Group's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	112	/	( ( (1000 - 73)	+	(1255 - 55) )	/ 2 )
	=	112	/	( ( 927	+	1200 )	/ 2 )
	=	112	/	1063.5
	=	10.53 %

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

Liberty Live Group (OTCPK:LLYVB) 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.

Liberty Live Group ROCE % Related Terms

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Liberty Live Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty Live Group (OTCPK:LLYVB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LLYVK:USA LLYVA:USA LLYVA:Mexico LM0H:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

https://www.libertymedia.com

Liberty Live Group would be engaged in the operations of Live Nation, and Liberty Media's strategy for that group is to maximize the value of its investment in that company and the other assets attributed to the Liberty Live Group and to use the new Liberty Live common stock to make strategic acquisitions or for other capital raising initiatives.