Tialis Essential IT (LSE:TIA) ROCE % : -15.18% (As of Jun. 2024)

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What is Tialis Essential IT 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. Tialis Essential IT's annualized ROCE % for the quarter that ended in Jun. 2024 was -15.18%.

Tialis Essential IT ROCE % Historical Data

The historical data trend for Tialis Essential IT'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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Tialis Essential IT ROCE % Chart

Tialis Essential IT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-33.05

-5.33

-5.32

10.14

-10.10

Tialis Essential IT Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															4.06	-	-6.98	-12.16	-15.18

Tialis Essential IT ROCE % Calculation

Tialis Essential IT'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 )
	=	-1.114	/	( ( (15.421 - 4.805)	+	(16.769 - 5.324) )	/ 2 )
	=	-1.114	/	( (10.616	+	11.445)	/ 2 )
	=	-1.114	/	11.0305
	=	-10.10 %

Tialis Essential IT's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-1.422	/	( ( (16.769 - 5.324)	+	(15.264 - 7.97) )	/ 2 )
	=	-1.422	/	( ( 11.445	+	7.294 )	/ 2 )
	=	-1.422	/	9.3695
	=	-15.18 %

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

Tialis Essential IT (LSE:TIA) 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.

Tialis Essential IT ROCE % Related Terms

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Tialis Essential IT Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Tialis Essential IT PLC (LSE:TIA) » Definitions » ROCE %

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TIA:UK

Address

24 Dublin Street, Edinburgh, GBR, EH1 3PP

Website

https://www.tialis.com

Tialis Essential IT PLC is a specialist managed service provider with a broad portfolio of IT services and technology solutions. Its principal activities include the provision of end-to-end solutions to enterprise-scale end-customers, and public and private customers, concentrating on end-user device management and on-site support solutions. The company has only one operating segment, the Manage Business. Geographically, it generates a majority of its revenue from the United Kingdom and the rest from Europe.

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