CloudCoCo Group (LSE:CLCO) ROCE % : -18.06% (As of Sep. 2023)

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What is CloudCoCo 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. CloudCoCo Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -18.06%.

CloudCoCo Group ROCE % Historical Data

The historical data trend for CloudCoCo 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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CloudCoCo Group ROCE % Chart

CloudCoCo Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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-74.35

-35.29

-14.21

-16.50

-16.85

CloudCoCo Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															-21.71	-21.96	-12.21	-14.87	-18.06

CloudCoCo Group ROCE % Calculation

CloudCoCo Group's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-1.65	/	( ( (20.527 - 9.731)	+	(18.845 - 10.053) )	/ 2 )
	=	-1.65	/	( (10.796	+	8.792)	/ 2 )
	=	-1.65	/	9.794
	=	-16.85 %

CloudCoCo Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-1.728	/	( ( (20.413 - 10.066)	+	(18.845 - 10.053) )	/ 2 )
	=	-1.728	/	( ( 10.347	+	8.792 )	/ 2 )
	=	-1.728	/	9.5695
	=	-18.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

CloudCoCo Group (LSE:CLCO) 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.

CloudCoCo Group ROCE % Related Terms

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CloudCoCo Group (LSE:CLCO) Business Description

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

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GV2A:Germany

Address

5 Fleet Place, London, GBR, EC4M 7RD

Website

https://www.cloudcoco.co.uk

CloudCoCo Group PLC is a United Kingdom-based company engaged in being the provision of IT managed services ,Value Added Resale to customers. VAR is the resale of one-time solutions (hardware and software) from leading technology partners and Managed IT Services, which comprises recurring services and ongoing IT support often utilising the data centre locations, core network or technical skills at our disposal.