XS Financial (XCNQ:XSF) ROCE % : 171.84% (As of Mar. 2024)

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What is XS Financial 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. XS Financial's annualized ROCE % for the quarter that ended in Mar. 2024 was 171.84%.

XS Financial ROCE % Historical Data

The historical data trend for XS Financial'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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XS Financial ROCE % Chart

XS Financial Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-5.70

-269.53

-4.66

5.30

24.09

XS Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															17.74	36.65	-12.40	-71.27	171.84

XS Financial ROCE % Calculation

XS Financial'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 )
	=	2.576	/	( ( (120.025 - 103.281)	+	(112.818 - 108.175) )	/ 2 )
	=	2.576	/	( (16.744	+	4.643)	/ 2 )
	=	2.576	/	10.6935
	=	24.09 %

XS Financial's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	8.136	/	( ( (112.818 - 108.175)	+	(105.217 - 100.391) )	/ 2 )
	=	8.136	/	( ( 4.643	+	4.826 )	/ 2 )
	=	8.136	/	4.7345
	=	171.84 %

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

XS Financial (XCNQ:XSF) 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.

XS Financial ROCE % Related Terms

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XS Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » XS Financial Inc (XCNQ:XSF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1901 Avenue of the Stars, Suite 120, Los Angeles, CA, USA, 90067

Website

https://www.xsfinancial.com

XS Financial Inc specializes in providing equipment leasing solutions in the United States to owners/operators of cannabis and hemp companies, including cultivators, oil processors, manufacturers, and testing laboratories, among others. In addition, the company provides a full range of consulting services including equipment selection and procurement, through its network of preferred vendor partnerships with original equipment manufacturers and equipment distributors.

Executives

Llc Bengal Impact Partners

10% Security Holder

XS Financial Headlines

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