GRC International Group (LSE:GRC) ROCE % : -18.25% (As of Sep. 2023)

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What is GRC International 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. GRC International Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -18.25%.

GRC International Group ROCE % Historical Data

The historical data trend for GRC International 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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GRC International Group ROCE % Chart

GRC International Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-78.98

-37.42

-28.00

-8.05

-16.16

GRC International Group Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial											-10.26	-7.47	-10.14	-22.69	-18.25

GRC International Group ROCE % Calculation

GRC International Group's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-1.425	/	( ( (16.487 - 6.901)	+	(14.472 - 6.423) )	/ 2 )
	=	-1.425	/	( (9.586	+	8.049)	/ 2 )
	=	-1.425	/	8.8175
	=	-16.16 %

GRC International 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 )
	=	-1.386	/	( ( (14.472 - 6.423)	+	(14.24 - 7.097) )	/ 2 )
	=	-1.386	/	( ( 8.049	+	7.143 )	/ 2 )
	=	-1.386	/	7.596
	=	-18.25 %

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

GRC International Group (LSE:GRC) 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.

GRC International Group ROCE % Related Terms

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GRC International Group (LSE:GRC) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 3 Clive Court, Bartholemew’s Walk, Cambridgeshire Business Park, Ely, Cambridgeshire, GBR, CB7 4EA

Website

https://www.grci.group

GRC International Group PLC is a United Kingdom-based holding company which engages in the provision of products and services for IT governance, risk management and compliance requirements of organizations. The group provides several services and products that broadly fit into three divisions Training, Consultancy, and Publishing and Distribution. Geographically, it derives revenue from the UK. The company generates maximum revenue from Consultancy divisions.