Electric Guitar (LSE:ELEG) ROCE % : 0.00% (As of Sep. 2024)

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What is Electric Guitar 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. Electric Guitar's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Electric Guitar ROCE % Historical Data

The historical data trend for Electric Guitar'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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Electric Guitar ROCE % Chart

Electric Guitar Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

-24.70

-75.19

Electric Guitar Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-27.05	-162.23	-	-	-

Electric Guitar ROCE % Calculation

Electric Guitar's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-0.448	/	( ( (0.521 - 0.066)	+	(0.081 - 0.994) )	/ 2 )
	=	-0.448	/	( (0.455	+	-0.913)	/ 2 )
	=	-0.448	/	-0.229
	=	195.63 %

Electric Guitar'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0	/	( ( (0.081 - 0.994)	+	(0.066 - 1.538) )	/ 2 )
	=	0	/	( ( -0.913	+	-1.472 )	/ 2 )
	=	0	/	-1.1925
	=	0 %

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

Electric Guitar (LSE:ELEG) 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.

Electric Guitar ROCE % Related Terms

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Electric Guitar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Electric Guitar PLC (LSE:ELEG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Bartholomew Close, London, GBR, EC1A 7BL

Website

https://www.electricguitarplc.com

Electric Guitar PLC is a United Kingdom-based digital marketing and advertising company. The company is a provider of first-party data solutions for the marketing and advertising industry. The company allows businesses to realize the value of their first-party data. The company's approach is to acquire and scale businesses that help marketers maximize the value of first-party data by curating, managing, and deploying it.

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