Global Education Communities (TSX:GEC) ROCE % : -3.93% (As of Nov. 2024)

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What is Global Education Communities 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. Global Education Communities's annualized ROCE % for the quarter that ended in Nov. 2024 was -3.93%.

Global Education Communities ROCE % Historical Data

The historical data trend for Global Education Communities'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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Global Education Communities ROCE % Chart

Global Education Communities Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

ROCE %

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0.35

4.33

-17.74

4.21

-3.54

Global Education Communities Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
ROCE %	Get a 7-Day Free Trial															16.98	-0.17	-0.10	-29.41	-3.93

Global Education Communities ROCE % Calculation

Global Education Communities's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	-12.076	/	( ( (497.682 - 163.703)	+	(475.211 - 126.041) )	/ 2 )
	=	-12.076	/	( (333.979	+	349.17)	/ 2 )
	=	-12.076	/	341.5745
	=	-3.54 %

Global Education Communities's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	-11.888	/	( ( (475.211 - 126.041)	+	(442.957 - 186.768) )	/ 2 )
	=	-11.888	/	( ( 349.17	+	256.189 )	/ 2 )
	=	-11.888	/	302.6795
	=	-3.93 %

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

Global Education Communities (TSX:GEC) 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.

Global Education Communities ROCE % Related Terms

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Global Education Communities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Global Education Communities Corp (TSX:GEC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GECSF:USA

Address

777 West Broadway, Suite 1200, Vancouver, BC, CAN, V5Z 4J7

Website

https://www.gechq.com

Global Education Communities Corp is an educational and student-housing real estate company. Its business operations include education, media communications, revenue-producing properties, and real estate development. The company currently has five main business units, namely Sprott Shaw College Corp. (SSCC), Sprott Shaw Language College (SSLC), including Vancouver International College (VIC), CIBT School of Business & Technology (CIBT), IRIX Design Group Inc. (IRIX) and Global Education City Holdings Inc. (GECH). The majority of the company's revenue is generated from its Sprott Shaw College Corp. (SSCC) unit.

Executives

Cibt Education Group Inc	Issuer
Shane Weir	Director
Derek Yiyi Feng	Director

Global Education Communities Headlines

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