The Glimpse Group (STU:9DR) ROCE % : 0.97% (As of Dec. 2024)

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What is The Glimpse Group 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. The Glimpse Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.97%.

The Glimpse Group ROCE % Historical Data

The historical data trend for The Glimpse Group'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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The Glimpse Group ROCE % Chart

The Glimpse Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-331.71

-491.09

-46.98

-55.32

-54.47

The Glimpse Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-47.37	-46.39	-52.37	-32.64	0.97

The Glimpse Group ROCE % Calculation

The Glimpse Group's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-7.382	/	( ( (22.409 - 7.5)	+	(14.454 - 2.256) )	/ 2 )
	=	-7.382	/	( (14.909	+	12.198)	/ 2 )
	=	-7.382	/	13.5535
	=	-54.47 %

The Glimpse Group's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	0.132	/	( ( (13.664 - 3.727)	+	(21.254 - 4.086) )	/ 2 )
	=	0.132	/	( ( 9.937	+	17.168 )	/ 2 )
	=	0.132	/	13.5525
	=	0.97 %

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

The Glimpse Group (STU:9DR) 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.

The Glimpse Group ROCE % Related Terms

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The Glimpse Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Glimpse Group Inc (STU:9DR) » Definitions » ROCE %

Comparable Companies

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VRAR:USA 9DR:Germany

Address

15 West 38th Street, 12th Floor, New York, NY, USA, 10018

Website

https://www.theglimpsegroup.com

The Glimpse Group Inc is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software and services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry.

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