Starcrest Education (LSE:OBOR) ROCE % : 0.00% (As of Jun. 2022)

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What is Starcrest Education 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. Starcrest Education's annualized ROCE % for the quarter that ended in Jun. 2022 was 0.00%.

Starcrest Education ROCE % Historical Data

The historical data trend for Starcrest Education'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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Starcrest Education ROCE % Chart

Starcrest Education Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

ROCE %

-5.29

-42.29

-103.43

-1,149.59

Starcrest Education Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
ROCE %	Get a 7-Day Free Trial			-113.99	-97.13	-135.73	-	-

Starcrest Education ROCE % Calculation

Starcrest Education's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-1.391	/	( ( (1.471 - 0.649)	+	(0.044 - 0.624) )	/ 2 )
	=	-1.391	/	( (0.822	+	-0.58)	/ 2 )
	=	-1.391	/	0.121
	=	-1,149.59 %

Starcrest Education's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Dec. 2021 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Dec. 2021 )		(Q: Jun. 2022 )
	=	-0.42	/	( ( (0.044 - 0.624)	+	(0.019 - 0.821) )	/ 2 )
	=	-0.42	/	( ( -0.58	+	-0.802 )	/ 2 )
	=	-0.42	/	-0.691
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2022) EBIT data.

Starcrest Education (LSE:OBOR) 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.

Starcrest Education ROCE % Related Terms

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Starcrest Education (LSE:OBOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Starcrest Education Ltd (LSE:OBOR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hutchins Drive, Cricket Square, P.O. Box 2681, Grand Cayman, CYM, KY1-1111

Website

https://www.starcresteducation.com

Starcrest Education Ltd is an international developer and operator of education services in Europe. The newly formed entity has been established to seek relevant acquisitions in the international education sector.