LendInvest (LSE:LINV) ROCE % : 1.06% (As of Sep. 2024)

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What is LendInvest 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. LendInvest's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.06%.

LendInvest ROCE % Historical Data

The historical data trend for LendInvest'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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LendInvest ROCE % Chart

LendInvest Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.76

1.18

0.91

1.89

-1.88

LendInvest Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial						2.46	1.30	-2.22	-1.36	1.06

LendInvest ROCE % Calculation

LendInvest'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 )
	=	-17.1	/	( ( (1262.8 - 23.7)	+	(601.6 - 23.4) )	/ 2 )
	=	-17.1	/	( (1239.1	+	578.2)	/ 2 )
	=	-17.1	/	908.65
	=	-1.88 %

LendInvest'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 )
	=	6.6	/	( ( (601.6 - 23.4)	+	(693.2 - 29) )	/ 2 )
	=	6.6	/	( ( 578.2	+	664.2 )	/ 2 )
	=	6.6	/	621.2
	=	1.06 %

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

LendInvest (LSE:LINV) 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.

LendInvest ROCE % Related Terms

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LendInvest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LendInvest PLC (LSE:LINV) » Definitions » ROCE %

Comparable Companies

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Address

4-8 Maple Street, London, GBR, W1T 5HD

Website

https://www.lendinvest.com

LendInvest PLC is a platform for property finance. It offers short-term, development, and buy-to-let mortgages to intermediaries, landlords and developers across the UK.

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