Billing Services Group (LSE:BILL) ROCE % : -1.06% (As of Jun. 2019)

View and export this data going back to 2005. Start your Free Trial

What is Billing Services 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. Billing Services Group's annualized ROCE % for the quarter that ended in Jun. 2019 was -1.06%.

Billing Services Group ROCE % Historical Data

The historical data trend for Billing Services 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.

* Premium members only.

Billing Services Group ROCE % Chart

Billing Services Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

Get a 7-Day Free Trial

15.54

38.36

41.93

-25.91

-45.02

Billing Services Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
ROCE %	Get a 7-Day Free Trial															-0.71	-47.41	-4.87	-84.38	-1.06

Billing Services Group ROCE % Calculation

Billing Services Group's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-7.426	/	( ( (27.813 - 8.148)	+	(17.702 - 4.38) )	/ 2 )
	=	-7.426	/	( (19.665	+	13.322)	/ 2 )
	=	-7.426	/	16.4935
	=	-45.02 %

Billing Services Group's ROCE % of for the quarter that ended in Jun. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2019 )		(Q: Dec. 2018 )		(Q: Jun. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2019 )		(Q: Dec. 2018 )		(Q: Jun. 2019 )
	=	-0.136	/	( ( (17.702 - 4.38)	+	(16.209 - 3.887) )	/ 2 )
	=	-0.136	/	( ( 13.322	+	12.322 )	/ 2 )
	=	-0.136	/	12.822
	=	-1.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2019) EBIT data.

Billing Services Group (LSE:BILL) 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.

Billing Services Group ROCE % Related Terms

Thank you for viewing the detailed overview of Billing Services Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Billing Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Billing Services Group Ltd (LSE:BILL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Victoria Street, Canonâ€™s Court, Hamilton, BMU, HM 12

Website

http://www.bsgclearing.com

Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.