Pristine Capital (LSE:PRIS) ROCE % : -27.43% (As of Oct. 2024)

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What is Pristine Capital 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. Pristine Capital's annualized ROCE % for the quarter that ended in Oct. 2024 was -27.43%.

Pristine Capital ROCE % Historical Data

The historical data trend for Pristine Capital'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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Pristine Capital ROCE % Chart

Pristine Capital Annual Data

Trend

Sep21

Oct23

Oct24

ROCE %

-68.35

-32.56

Pristine Capital Semi-Annual Data
	Sep21	Apr23	Oct23	Apr24	Oct24
ROCE %	-	-92.78	-27.61	-32.64	-27.43

Pristine Capital ROCE % Calculation

Pristine Capital's annualized ROCE % for the fiscal year that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	-0.238	/	( ( (0.713 - 0.04)	+	(0.815 - 0.026) )	/ 2 )
	=	-0.238	/	( (0.673	+	0.789)	/ 2 )
	=	-0.238	/	0.731
	=	-32.56 %

Pristine Capital's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	-0.226	/	( ( (0.893 - 0.034)	+	(0.815 - 0.026) )	/ 2 )
	=	-0.226	/	( ( 0.859	+	0.789 )	/ 2 )
	=	-0.226	/	0.824
	=	-27.43 %

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

Pristine Capital (LSE:PRIS) 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.

Pristine Capital ROCE % Related Terms

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Pristine Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pristine Capital PLC (LSE:PRIS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

42 Upper Berkeley Street, London, GBR, W1H 5QL

Website

https://www.pristinecapitalplc.com

Pristine Capital PLC is a shell company formed to identify and acquire a suitable business opportunity or opportunities and undertake an acquisition or merger, or a series of acquisitions or mergers.

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