ROMA (Roma Green Finance) ROCE % : -31.19% (As of Mar. 2024)

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What is Roma Green Finance 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. Roma Green Finance's annualized ROCE % for the quarter that ended in Mar. 2024 was -31.19%.

Roma Green Finance ROCE % Historical Data

The historical data trend for Roma Green Finance'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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Roma Green Finance ROCE % Chart

Roma Green Finance Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

-8.82

-21.15

Roma Green Finance Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-31.19

Roma Green Finance ROCE % Calculation

Roma Green Finance's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-0.779	/	( ( (0.717 - 0.776)	+	(8.124 - 0.699) )	/ 2 )
	=	-0.779	/	( (-0.059	+	7.425)	/ 2 )
	=	-0.779	/	3.683
	=	-21.15 %

Roma Green Finance'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-1.114	/	( ( (0.476 - 0.758)	+	(8.124 - 0.699) )	/ 2 )
	=	-1.114	/	( ( -0.282	+	7.425 )	/ 2 )
	=	-1.114	/	3.5715
	=	-31.19 %

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

Roma Green Finance (NAS:ROMA) 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.

Roma Green Finance ROCE % Related Terms

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Roma Green Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Roma Green Finance Ltd (NAS:ROMA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Fleming Road, Flat 605, 6 Floor, Tai Tung Building, Wanchai, Hong Kong, HKG

Website

http://www.romaesg.com

Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage and overcome various business matters arising from such factors related to ESG, sustainability and climate change. it provides tailored-made sustainability solutions to meet the client's specific needs. Its mission is to provide its clients with a one-stop destination for high-quality and holistic sustainability and climate change-related consulting services to support a more sustainable, balanced and inclusive future for its clients' organizations and the world.

Roma Green Finance Headlines

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