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Ingenious Entertainment VCT 2 (LSE:IEVF) ROCE % : 0.00% (As of Jun. 2018)


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What is Ingenious Entertainment VCT 2 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. Ingenious Entertainment VCT 2's annualized ROCE % for the quarter that ended in Jun. 2018 was 0.00%.


Ingenious Entertainment VCT 2 ROCE % Historical Data

The historical data trend for Ingenious Entertainment VCT 2'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.

Ingenious Entertainment VCT 2 ROCE % Chart

Ingenious Entertainment VCT 2 Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.39 -0.82 -1.44 -3.36 -

Ingenious Entertainment VCT 2 Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.34 -4.20 - - -

Ingenious Entertainment VCT 2 ROCE % Calculation

Ingenious Entertainment VCT 2's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=0/( ( (3.403 - 0.013) + (2.356 - 0.018) )/ 2 )
=0/( (3.39+2.338)/ 2 )
=0/2.864
=0.00 %

Ingenious Entertainment VCT 2's ROCE % of for the quarter that ended in Jun. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2018 )  (Q: Dec. 2017 )(Q: Jun. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2018 )  (Q: Dec. 2017 )(Q: Jun. 2018 )
=0/( ( (2.356 - 0.018) + (2.233 - 0.034) )/ 2 )
=0/( ( 2.338 + 2.199 )/ 2 )
=0/2.2685
=0.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2018) EBIT data.

* 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.


Ingenious Entertainment VCT 2  (LSE:IEVF) 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.


Ingenious Entertainment VCT 2 ROCE % Related Terms

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Ingenious Entertainment VCT 2 (LSE:IEVF) Business Description

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Address
Ingenious Entertainment VCT 2 PLC is a venture capital trust. Its objective is to invest in companies established to create and bring to market live events and premium entertainment content which will provide shareholders with an attractive return. The company primarily invests in media, live events, and entertainment sector targeting concerts, festivals, conferences and other entertainment-based content.

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