Supreme Ventures (XJAM:SVL) ROCE % : 50.09% (As of Jun. 2023)

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What is Supreme Ventures 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. Supreme Ventures's annualized ROCE % for the quarter that ended in Jun. 2023 was 50.09%.

Supreme Ventures ROCE % Historical Data

The historical data trend for Supreme Ventures'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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Supreme Ventures ROCE % Chart

Supreme Ventures Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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76.39

71.41

43.40

31.27

36.41

Supreme Ventures Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															44.33	29.39	21.00	48.01	50.09

Supreme Ventures ROCE % Calculation

Supreme Ventures's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	4312.103	/	( ( (17234.549 - 5150.961)	+	(18373.469 - 6767.515) )	/ 2 )
	=	4312.103	/	( (12083.588	+	11605.954)	/ 2 )
	=	4312.103	/	11844.771
	=	36.41 %

Supreme Ventures's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	6140.696	/	( ( (18373.469 - 6767.515)	+	(17778.703 - 4865.213) )	/ 2 )
	=	6140.696	/	( ( 11605.954	+	12913.49 )	/ 2 )
	=	6140.696	/	12259.722
	=	50.09 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

Supreme Ventures (XJAM:SVL) 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.

Supreme Ventures ROCE % Related Terms

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Supreme Ventures (XJAM:SVL) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Supreme Ventures Ltd (XJAM:SVL) » Definitions » ROCE %

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N/A

Address

9A Retirement Crescent, Kingston 5, JAM

Website

https://www.supremeventures.com

Supreme Ventures Ltd is a lottery and gaming provider. The company provides services through lottery games, Sports betting, and video lottery terminals. The firm provides various lottery games like Cash Pot, Dollaz, Lucky 5, Pick 2, Pick 3, Pick 4, Lotto, Super Lotto, Money time, and Top Draw. Lottery games are offered through the agents' network. The company reports in the following segments: Lotteries, PIN Code, Horseracing, Sports Betting, VLT (video lottery terminal) Net Win, and others. The company derived its revenue from the Lottery segment.

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