Sporting Clube de Portugal-Futebol (LTS:0O53) ROCE % : -34.41% (As of Jun. 2024)

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What is Sporting Clube de Portugal-Futebol 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. Sporting Clube de Portugal-Futebol's annualized ROCE % for the quarter that ended in Jun. 2024 was -34.41%.

Sporting Clube de Portugal-Futebol ROCE % Historical Data

The historical data trend for Sporting Clube de Portugal-Futebol'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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Sporting Clube de Portugal-Futebol ROCE % Chart

Sporting Clube de Portugal-Futebol Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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16.33

-23.37

32.89

24.99

16.34

Sporting Clube de Portugal-Futebol 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															34.07	61.58	-13.85	66.95	-34.41

Sporting Clube de Portugal-Futebol ROCE % Calculation

Sporting Clube de Portugal-Futebol's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	30.185	/	( ( (317.916 - 146.72)	+	(374.4 - 176.177) )	/ 2 )
	=	30.185	/	( (171.196	+	198.223)	/ 2 )
	=	30.185	/	184.7095
	=	16.34 %

Sporting Clube de Portugal-Futebol'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 )
	=	-73.426	/	( ( (398.571 - 170.064)	+	(374.4 - 176.177) )	/ 2 )
	=	-73.426	/	( ( 228.507	+	198.223 )	/ 2 )
	=	-73.426	/	213.365
	=	-34.41 %

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

Sporting Clube de Portugal-Futebol (LTS:0O53) 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.

Sporting Clube de Portugal-Futebol ROCE % Related Terms

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Sporting Clube de Portugal-Futebol Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sporting Clube de Portugal-Futebol (LTS:0O53) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SCP:Portugal

Address

Rua Professor Fernando da Fonseca, Estadio Jose de Alvalade, Apartado 4120, Lisbon, PRT, 1501-806

Website

http://www.sporting.pt

Sporting Clube de Portugal-Futebol is a football club playing in Portugal's First Division. Its other sports include basketball, hockey and athletics and are played in the stadium owned by the company. The group generates revenue from two sources commercial and sports which include a sale of audiovisual rights, from sponsorships, from the sale of advertising space, sale of tickets for games and subscriptions.

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