Aztech Global (SGX:8AZ) ROCE % : 0.00% (As of Dec. 2023)

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What is Aztech Global 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. Aztech Global's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Aztech Global ROCE % Historical Data

The historical data trend for Aztech Global'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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Aztech Global ROCE % Chart

Aztech Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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133.97

184.47

49.53

27.78

37.81

Aztech Global Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											35.05	5.71	-	-	-

Aztech Global ROCE % Calculation

Aztech Global'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 )
	=	124.811	/	( ( (541.393 - 251.277)	+	(597.275 - 227.19) )	/ 2 )
	=	124.811	/	( (290.116	+	370.085)	/ 2 )
	=	124.811	/	330.1005
	=	37.81 %

Aztech Global's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (625.594 - 297.675)	+	(597.275 - 227.19) )	/ 2 )
	=	0	/	( ( 327.919	+	370.085 )	/ 2 )
	=	0	/	349.002
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Aztech Global (SGX:8AZ) 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.

Aztech Global ROCE % Related Terms

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Aztech Global (SGX:8AZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aztech Global Ltd (SGX:8AZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 01-05, 31 Ubi Road 1, Singapore, SGP, 408694

Website

https://www.aztechglobal.com

Aztech Global Ltd is an investment holding company. Its key products can be broadly categorized into the three modes such as IoT Devices and Data-communication products; LED lighting products; and Other electrical products. The Group has two reportable segments which include the manufacturing segment and the distribution and trading segment. The manufacturing segment manufactures and sells electronic products for its customers including related corporations. The distribution and trading segment sells electronic products to its customers including related corporations. Geographically, the group generates the majority of its revenue from the North American region.

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