Largo (XPAR:ALLGO) ROCE % : -41.85% (As of Jun. 2024)

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

What is Largo 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. Largo's annualized ROCE % for the quarter that ended in Jun. 2024 was -41.85%.

Largo ROCE % Historical Data

The historical data trend for Largo'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.

Largo ROCE % Chart

Largo Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-75.85

-129.47

-45.58

-31.99

-50.17

Largo Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial						-35.24	-25.91	-55.64	-47.13	-41.85

Largo ROCE % Calculation

Largo'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 )
	=	-5.085	/	( ( (16.306 - 3.147)	+	(12.203 - 5.092) )	/ 2 )
	=	-5.085	/	( (13.159	+	7.111)	/ 2 )
	=	-5.085	/	10.135
	=	-50.17 %

Largo's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-3.446	/	( ( (12.203 - 5.092)	+	(16.182 - 6.826) )	/ 2 )
	=	-3.446	/	( ( 7.111	+	9.356 )	/ 2 )
	=	-3.446	/	8.2335
	=	-41.85 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Largo (XPAR:ALLGO) 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.

Largo ROCE % Related Terms

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

Largo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Largo SA (XPAR:ALLGO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Rue Jean Mermoz, Sainte-Luce-sur-Loire, FRA, FR-44980

Website

https://www.largo-finance.com

Largo SA is specialized in reconditioning and repair services for cell phones and tablets. The products are taken back, tested, repaired, reconditioned and sold with a minimum warranty of 12 months.

Largo Headlines

No Headlines