Skillcast Group (LSE:SKL) ROCE % : 4.30% (As of Dec. 2023)

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What is Skillcast Group 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. Skillcast Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.30%.

Skillcast Group ROCE % Historical Data

The historical data trend for Skillcast Group'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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Skillcast Group ROCE % Chart

Skillcast Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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49.86

28.37

1.37

-7.25

-9.57

Skillcast Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial					-7.76	-7.22	-7.11	-22.73	4.30

Skillcast Group ROCE % Calculation

Skillcast Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-0.628	/	( ( (11.917 - 4.842)	+	(12.257 - 6.214) )	/ 2 )
	=	-0.628	/	( (7.075	+	6.043)	/ 2 )
	=	-0.628	/	6.559
	=	-9.57 %

Skillcast Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0.266	/	( ( (12.15 - 5.832)	+	(12.257 - 6.214) )	/ 2 )
	=	0.266	/	( ( 6.318	+	6.043 )	/ 2 )
	=	0.266	/	6.1805
	=	4.30 %

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

Skillcast Group (LSE:SKL) 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.

Skillcast Group ROCE % Related Terms

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Skillcast Group (LSE:SKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Skillcast Group PLC (LSE:SKL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

K9I:Germany

Address

80 Leadenhall Street, London, GBR, EC3A 3DH

Website

https://www.skillcast.com

Skillcast Group PLC is engaged in providing management services to other entities in the group. The Group provides software and content subscriptions and related professional services to enable companies to transform their staff compliance. The company has two revenue streams: SaaS subscriptions - The Group provides subscriptions to its content and technology products to the customer for subscription periods that are typically twelve months. The revenue is recognized evenly over the period of subscription, and Professional services - The Group provides customized and standard content to its clients under fixed-price contracts. Geographically, it operates in the UK, Europe, and the Rest of the world. It derives a majority of its revenue from the United Kingdom.

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