Astroscale Holdings (TSE:186A) ROCE % : 0.00% (As of Oct. 2024)

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What is Astroscale 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. Astroscale Holdings's annualized ROCE % for the quarter that ended in Oct. 2024 was 0.00%.

Astroscale Holdings ROCE % Historical Data

The historical data trend for Astroscale 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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Astroscale Holdings ROCE % Chart

Astroscale Holdings Annual Data

Trend

Apr22

Apr23

Apr24

ROCE %

-34.31

-46.22

-44.12

Astroscale Holdings Quarterly Data
	Apr22	Jan23	Apr23	Oct23	Jan24	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial			-54.85	-	-47.62	-72.18	-

Astroscale Holdings ROCE % Calculation

Astroscale Holdings's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	-8731.607	/	( ( (30437.66 - 6987.296)	+	(24990.809 - 8864.425) )	/ 2 )
	=	-8731.607	/	( (23450.364	+	16126.384)	/ 2 )
	=	-8731.607	/	19788.374
	=	-44.12 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	0	/	( ( (24990.809 - 8864.425)	+	(39502.994 - 14045.789) )	/ 2 )
	=	0	/	( ( 16126.384	+	25457.205 )	/ 2 )
	=	0	/	20791.7945
	=	0.00 %

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

Astroscale Holdings (TSE:186A) 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.

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Astroscale Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Astroscale Holdings Inc (TSE:186A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-17-1 Kinshi, Sumida-ku, Tokyo, JPN, 130-0013

Website

https://www.astroscale.com

Astroscale Holdings Inc is developing innovative and scalable solutions across the spectrum of on-orbit servicing, including life extension, in-space situational awareness, end of life, and active debris removal, to create sustainable space systems and mitigate the growing and hazardous buildup of debris in space.

Astroscale Holdings Headlines

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