GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Royalty Management Holding Corp (NAS:RMCO) » Definitions » ROCE %

Royalty Management Holding (Royalty Management Holding) ROCE % : 6.27% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Royalty Management Holding 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. Royalty Management Holding's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.27%.

Royalty Management Holding ROCE % Historical Data

The historical data trend for Royalty Management Holding'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.

* Premium members only.

Royalty Management Holding ROCE % Chart

Royalty Management Holding Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
- 19.76 -8.58

Royalty Management Holding Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial - -1.12 -56.24 -17.29 6.27

Royalty Management Holding ROCE % Calculation

Royalty Management Holding'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 )
=-1.352/( ( (20.257 - 1.01) + (13.611 - 1.346) )/ 2 )
=-1.352/( (19.247+12.265)/ 2 )
=-1.352/15.756
=-8.58 %

Royalty Management Holding's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=0.772/( ( (13.611 - 1.346) + (13.709 - 1.357) )/ 2 )
=0.772/( ( 12.265 + 12.352 )/ 2 )
=0.772/12.3085
=6.27 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

* 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.

Royalty Management Holding  (NAS:RMCO) 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.

Royalty Management Holding ROCE % Related Terms

Thank you for viewing the detailed overview of Royalty Management Holding's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Royalty Management Holding (Royalty Management Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Royalty Management Holding Corp (NAS:RMCO) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
N/A
Address
8500 E. 116 Street, No. 264, Fishers, IN, USA, 46038
Website
https://www.royaltymgmtcorp.com
Royalty Management Holding Corp formed for the purpose of investing or purchasing assets that have current or near-term income to provide the company with accretive cash flow from which it can reinvest in new assets or expand cash flow from existing assets. These assets typically are natural resources assets (including real estate and mining permits), patents, intellectual property, and emerging technologies.
Executives
Aqr Arbitrage Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Holdings, Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Thomas M. Sauve director 8856 SOUTH STREET, FISHERS IN 46038
Mark C. Jensen director, officer: Chairman and CEO 8856 SOUTH STREET, FISHERS IN 46038
Kirk Patrick Taylor director, officer: President and CFO 8856 SOUTH STREET, FISHERS IN 46038