Elixirr International (LSE:ELIX) ROCE % : 18.52% (As of Jun. 2024)

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What is Elixirr International 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. Elixirr International's annualized ROCE % for the quarter that ended in Jun. 2024 was 18.52%.

Elixirr International ROCE % Historical Data

The historical data trend for Elixirr International'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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Elixirr International ROCE % Chart

Elixirr International Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

3.32

9.08

14.63

16.92

19.14

Elixirr International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial					17.89	15.49	18.62	21.15	18.52

Elixirr International ROCE % Calculation

Elixirr International'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 )
	=	22.988	/	( ( (128.656 - 21.2)	+	(154.399 - 21.618) )	/ 2 )
	=	22.988	/	( (107.456	+	132.781)	/ 2 )
	=	22.988	/	120.1185
	=	19.14 %

Elixirr International'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 )
	=	24.54	/	( ( (154.399 - 21.618)	+	(158.694 - 26.465) )	/ 2 )
	=	24.54	/	( ( 132.781	+	132.229 )	/ 2 )
	=	24.54	/	132.505
	=	18.52 %

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

Elixirr International (LSE:ELIX) 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.

Elixirr International ROCE % Related Terms

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Elixirr International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Elixirr International PLC (LSE:ELIX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ELXXF:USA 54K:Germany

Address

100 Cheapside, London, GBR, EC2V 6DT

Website

https://www.elixirr.com

Elixirr International PLC is a provider of management consultancy services. The company is principally engaged in the provision of consulting services, delivering original and bespoke solutions to a globally-recognised client base, including creative, marketing and transformation services. These challenges include future proofing against technological disruption development and roll-out of new products, services and businesses navigating a more complex and multinational regulatory environment; and project management and implementation of change programs. It has worked with over one hundred fifty clients across twenty five countries spanning Europe, North America, Africa, Asia and Australia, with offices in the UK and permanent presence (and employees) in the United States and South Africa.

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