RANKF (Rank Group (The)) ROCE % : -3.82% (As of Jun. 2023)

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What is Rank Group (The) 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. Rank Group (The)'s annualized ROCE % for the quarter that ended in Jun. 2023 was -3.82%.

Rank Group (The) ROCE % Historical Data

The historical data trend for Rank Group (The)'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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Rank Group (The) ROCE % Chart

Rank Group (The) Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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4.33

-15.01

12.32

-20.08

5.23

Rank Group (The) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
ROCE %	Get a 7-Day Free Trial															30.57	-6.46	-34.22	-3.82	-

Rank Group (The) ROCE % Calculation

Rank Group (The)'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 )
	=	33.715	/	( ( (929.545 - 312.121)	+	(931.934 - 259.796) )	/ 2 )
	=	33.715	/	( (617.424	+	672.138)	/ 2 )
	=	33.715	/	644.781
	=	5.23 %

Rank Group (The)'s ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-24.494	/	( ( (957.734 - 293.301)	+	(929.545 - 312.121) )	/ 2 )
	=	-24.494	/	( ( 664.433	+	617.424 )	/ 2 )
	=	-24.494	/	640.9285
	=	-3.82 %

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

Rank Group (The) (OTCPK:RANKF) 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.

Rank Group (The) ROCE % Related Terms

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Rank Group (The) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rank Group (The) PLC (OTCPK:RANKF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RNKl:UK RNK:UK RNKA:Germany

Address

TOR, Saint-Cloud Way, Maidenhead, GBR, SL6 8BN

Website

https://www.rank.com

Rank Group (The) PLC is a gambling company with five primary business segments: Grosvenor Venues, Mecca Venues, Digital, Enracha Venues, and Central Costs. Its highest revenue producer is Grosvenor Casinos, a multichannel casino operator in the United Kingdom, which operates a variety of casino and slot machine games. Mecca offers bingo, gaming machines, great value food and drink, and live entertainment. Enracha is Rank's community gaming business for the Spanish market. Rank's digital business segment includes Mecca and Grosvenor for the UK market and Yo for the Spanish market and also operates over 80 UK digital-only brands via its proprietary technology platform and third-party platforms. The company generates the majority of its revenue in the United Kingdom.