Online Blockchain (LSE:OBC) ROCE % : -62.95% (As of Jun. 2023)

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What is Online Blockchain 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. Online Blockchain's annualized ROCE % for the quarter that ended in Jun. 2023 was -62.95%.

Online Blockchain ROCE % Historical Data

The historical data trend for Online Blockchain'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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Online Blockchain ROCE % Chart

Online Blockchain Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-37.76

-17.97

1.25

-34.88

-67.56

Online Blockchain Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															9.01	-37.21	-30.62	-39.98	-62.95

Online Blockchain ROCE % Calculation

Online Blockchain's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-0.956	/	( ( (1.933 - 0.03)	+	(1.011 - 0.084) )	/ 2 )
	=	-0.956	/	( (1.903	+	0.927)	/ 2 )
	=	-0.956	/	1.415
	=	-67.56 %

Online Blockchain's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-1.05	/	( ( (2.481 - 0.072)	+	(1.011 - 0.084) )	/ 2 )
	=	-1.05	/	( ( 2.409	+	0.927 )	/ 2 )
	=	-1.05	/	1.668
	=	-62.95 %

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

Online Blockchain (LSE:OBC) 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.

Online Blockchain ROCE % Related Terms

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Online Blockchain (LSE:OBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Online Blockchain PLC (LSE:OBC) » Definitions » ROCE %

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Traded in Other Exchanges

RCQ:Germany

Address

85 Great Portland Street, 1st Floor, London, GBR, W1W 7LT

Website

https://www.onlineblockchain.io

Online Blockchain PLC works as an incubator and investor in internet and information businesses. The company is currently focusing on blockchain technology development. Its business model is to establish new blockchain-related ventures, using the company's in-house technical expertise and working with partners to create customer demand and interest in the company's projects. It operates in two reportable segments including the provision of management services and others. It derives revenue from the provision of management services.

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