Limitless Venture Group (Limitless Venture Group) ROCE % : 0.00% (As of Jun. 2022)

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What is Limitless Venture 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. Limitless Venture Group's annualized ROCE % for the quarter that ended in Jun. 2022 was 0.00%.

Limitless Venture Group ROCE % Historical Data

The historical data trend for Limitless Venture 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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Limitless Venture Group ROCE % Chart

Limitless Venture Group Annual Data

Trend

ROCE %

Limitless Venture Group Semi-Annual Data
	Jun21	Jun22
ROCE %	-	-

Limitless Venture Group ROCE % Calculation

Limitless Venture Group's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Limitless Venture Group'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: Jun. 2021 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Jun. 2021 )		(Q: Jun. 2022 )
	=	-1.322	/	( ( (0 - 0)	+	(1.976 - 6.495) )	/ 1 )
	=	-1.322	/	( ( 0	+	-4.519 )	/ 1 )
	=	-1.322	/	-4.519
	=	0 %

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

Limitless Venture Group (OTCPK:LVGI) 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.

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Limitless Venture Group (Limitless Venture Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Limitless Venture Group Inc (OTCPK:LVGI) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

121 East 35 Street, Tulsa, OK, USA, 74105

Website

https://www.lvginc.com

Limitless Venture Group Inc provides its shareholders with access to leading small and medium businesses. The company owns controlling interests in its subsidiary businesses and partners with their management teams to build businesses that can unlock vital value for shareholders.