V2Y (SGX:V2Y) ROCE % : 0.00% (As of Jun. 2024)

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What is V2Y 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. V2Y's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

V2Y ROCE % Historical Data

The historical data trend for V2Y'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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V2Y ROCE % Chart

V2Y Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-4.92

-130.64

-81.16

-171.01

-140.11

V2Y Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial											-370.67	-194.31	-238.02	-446.77	-

V2Y ROCE % Calculation

V2Y'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 )
	=	-0.91	/	( ( (1.904 - 0.771)	+	(0.923 - 0.757) )	/ 2 )
	=	-0.91	/	( (1.133	+	0.166)	/ 2 )
	=	-0.91	/	0.6495
	=	-140.11 %

V2Y's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-1.744	/	( ( (0.923 - 0.757)	+	(0.474 - 0.865) )	/ 2 )
	=	-1.744	/	( ( 0.166	+	-0.391 )	/ 2 )
	=	-1.744	/	-0.1125
	=	0 %

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

V2Y (SGX:V2Y) 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.

V2Y ROCE % Related Terms

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V2Y Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » V2Y Corp Ltd (SGX:V2Y) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Jalan Pemimpin, No. 03-12, B9, Singapore, SGP, 577185

Website

https://www.v2y.si

V2Y Corp Ltd is a Singapore-based company with its principal activity being investment holding. The company has two reportable operating segments: Insurtech and Investment holding. Insurtech provides third-party administration and value-added services to brand partners in the computer, communication, and consumer electronics sector. It manages and executes their extended warranty and accidental damage protection programs. Investment holding pertains to the activities of an investment holding company. The majority of the company's revenue is generated by its Insurtech segment, and it operates mainly in Singapore.

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