accesso Technology Group (LSE:ACSO) ROCE % : 1.32% (As of Jun. 2024)

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What is accesso Technology 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. accesso Technology Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 1.32%.

accesso Technology Group ROCE % Historical Data

The historical data trend for accesso Technology 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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accesso Technology Group ROCE % Chart

accesso Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-28.42

-17.26

6.76

7.07

4.94

accesso Technology Group 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															3.65	10.19	-0.33	9.45	1.32

accesso Technology Group ROCE % Calculation

accesso Technology 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: 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 )
	=	8.238	/	( ( (187.271 - 31.227)	+	(216.435 - 38.867) )	/ 2 )
	=	8.238	/	( (156.044	+	177.568)	/ 2 )
	=	8.238	/	166.806
	=	4.94 %

accesso Technology Group'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 )
	=	2.328	/	( ( (216.435 - 38.867)	+	(202.687 - 27.251) )	/ 2 )
	=	2.328	/	( ( 177.568	+	175.436 )	/ 2 )
	=	2.328	/	176.502
	=	1.32 %

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

accesso Technology Group (LSE:ACSO) 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.

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accesso Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » accesso Technology Group PLC (LSE:ACSO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LOQPF:USA

Address

Unit 5, The Pavilions, Ruscombe Park, Twyford, GBR, RG10 9NN

Website

https://www.accesso.com

accesso Technology Group PLC is a software company engaged in the development and application of ticketing, mobile, and eCommerce technologies, licensing, and operation of virtual queuing solutions, and providing a personalized experience to customers within the attractions and leisure industry. It operates in the Ticketing and Distribution segment. Its solutions are accesso LoQueue, accesso Passport, accesso Siriuswarem, and accesso ShoWare, which provide solutions for ticketing & admissions, gift cards, kiosks, and eCommerce, box office, call center, and social media sales, food and beverage, retail, eCommerce via kiosk or mobile. It has a presence in the UK, other Europe, Australia, the USA, and Canada which drives key revenue, in Central and South America.

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