Skycap Investment Holdings (XCNQ:SKY) ROCE % : 7.50% (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Skycap Investment 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. Skycap Investment Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.50%.

Skycap Investment Holdings ROCE % Historical Data

The historical data trend for Skycap Investment 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.

* Premium members only.

Skycap Investment Holdings ROCE % Chart

Skycap Investment Holdings Annual Data

Trend

Dec20

Mar22

Mar23

Mar24

ROCE %

-84.23

-121.64

-59.09

-121.93

Skycap Investment Holdings Quarterly Data
	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial									-208.17	-83.82	-55.06	339.60	7.50

Skycap Investment Holdings ROCE % Calculation

Skycap Investment Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-13.386	/	( ( (16.932 - 1.709)	+	(7.613 - 0.879) )	/ 2 )
	=	-13.386	/	( (15.223	+	6.734)	/ 2 )
	=	-13.386	/	10.9785
	=	-121.93 %

Skycap Investment Holdings'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 )
	=	1.172	/	( ( (16.303 - 0.681)	+	(16.08 - 0.438) )	/ 2 )
	=	1.172	/	( ( 15.622	+	15.642 )	/ 2 )
	=	1.172	/	15.632
	=	7.50 %

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

Skycap Investment Holdings (XCNQ:SKY) 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.

Skycap Investment Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Skycap Investment Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Skycap Investment Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Skycap Investment Holdings Inc (XCNQ:SKY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Riviera Drive, Markham, ON, CAN, L3R 5M1

Website

https://li-metal.com

Li-Metal Corp is a Canada-based company developing lithium metal and anode technologies to provide a low-cost and environmentally friendly solution for next-generation lithium batteries. The company's geographic segments include Canada and the US.

Executives