SLND (Southland Holdings) ROCE % : -50.10% (As of Sep. 2024)

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What is Southland Holdings 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. Southland Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was -50.10%.

Southland Holdings ROCE % Historical Data

The historical data trend for Southland Holdings'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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Southland Holdings ROCE % Chart

Southland Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

9.29

11.04

13.93

-1.23

Southland Holdings Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial											10.62	0.81	4.19	-39.20	-50.10

Southland Holdings ROCE % Calculation

Southland Holdings'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 )
	=	-7.771	/	( ( (1125.305 - 476.097)	+	(1201.068 - 583.967) )	/ 2 )
	=	-7.771	/	( (649.208	+	617.101)	/ 2 )
	=	-7.771	/	633.1545
	=	-1.23 %

Southland Holdings's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-271.004	/	( ( (1263.407 - 770.242)	+	(1186.794 - 598.196) )	/ 2 )
	=	-271.004	/	( ( 493.165	+	588.598 )	/ 2 )
	=	-271.004	/	540.8815
	=	-50.10 %

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

Southland Holdings (AMEX:SLND) 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.

Southland Holdings ROCE % Related Terms

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Southland Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Southland Holdings Inc (AMEX:SLND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Kubota Drive, Grapevine, TX, USA, 76051

Website

https://www.southlandholdings.com

Southland Holdings Inc is an infrastructure construction company in North America. The company's infrastructure projects range from water conveyance systems and tunnels to long-span bridges and vertical structures.

Executives

Frankie S. Renda	director, 10 percent owner, officer: PRESIDENT AND CEO	1100 KUBOTA DR., GRAPEVINE TX 76051
Rudolph V. Renda	10 percent owner, officer: CO-COO AND EVP	1100 KUBOTA DR., GRAPEVINE TX 76051
Mario Enrique Ramirez	director	822 JENNIFER COURT, HIGHLAND VILLAGE TX 75077
Izilda P Martins	director	6 SYLVAN WAY, PARSIPPANY NJ 07054
Michael Kyle Burtnett	director	2811 TYLER ST., SOUTHLAKE TX 76092
Walter Timothy Winn	director, 10 percent owner, officer: CO-COO AND EVP	1100 KUBOTA DR., GRAPEVINE TX 76051
Gallarda Cody	officer: CFO, EVP and Treasurer	3889 LADERA HEIGHTS BLVD., FRISCO TX 75034
Frank Renda 2015 Irrevocable Trust	10 percent owner	3700 SCENIC VIEW DR., FLOWER MOUND TX 75022
Ryan E Hummer	director	C/O LEGATO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
John Ing	director	C/O LEGATO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Craig L Martin	director	3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Adam H Jaffe	officer: CFO & Corporate Secretary	C/O ALLEGRO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Dana Blair Baker	director	200 CRESCENT COURT, SUITE 1450, DALLAS TX 75201
Gregory R Monahan	director, officer: CEO	777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Brian Pratt	director, other: Non-Executive Chairman	5950 BERKSHIRE LANE, SUITE 800, DALLAS TX 75225