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JZ Capital Partners (LSE:JZCN.PFD) ROIC % : 0.00% (As of Aug. 2024)


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What is JZ Capital Partners ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. JZ Capital Partners's annualized return on invested capital (ROIC %) for the quarter that ended in Aug. 2024 was 0.00%.

As of today (2024-12-15), JZ Capital Partners's WACC % is 1.22%. JZ Capital Partners's ROIC % is 0.00% (calculated using TTM income statement data). JZ Capital Partners earns returns that do not match up to its cost of capital. It will destroy value as it grows.


JZ Capital Partners ROIC % Historical Data

The historical data trend for JZ Capital Partners's ROIC % 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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JZ Capital Partners ROIC % Chart

JZ Capital Partners Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROIC %
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JZ Capital Partners Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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Competitive Comparison of JZ Capital Partners's ROIC %

For the Asset Management subindustry, JZ Capital Partners's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JZ Capital Partners's ROIC % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JZ Capital Partners's ROIC % distribution charts can be found below:

* The bar in red indicates where JZ Capital Partners's ROIC % falls into.



JZ Capital Partners ROIC % Calculation

JZ Capital Partners's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Feb. 2024 is calculated as:

ROIC % (A: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Feb. 2023 ) + Invested Capital (A: Feb. 2024 ))/ count )
=0 * ( 1 - 0% )/( (287.634 + 239.91)/ 2 )
=0/263.772
=0.00 %

where

JZ Capital Partners's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Aug. 2024 is calculated as:

ROIC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=0 * ( 1 - 0% )/( (239.91 + 197.227)/ 2 )
=0/218.5685
=0.00 %

where

Note: The Operating Income data used here is two times the semi-annual (Aug. 2024) data.

* 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.


JZ Capital Partners  (LSE:JZCN.PFD) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, JZ Capital Partners's WACC % is 1.22%. JZ Capital Partners's ROIC % is 0.00% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


JZ Capital Partners ROIC % Related Terms

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JZ Capital Partners Business Description

Traded in Other Exchanges
Address
Trafalgar Court, P.O. Box 255, Les Banques, Saint Peter Port, GGY, GY1 3QL
JZ Capital Partners Ltd is a closed-end investment company. Its investment objective is to provide a superior overall return, comprised of current yield and capital appreciation. The company segments include Portfolio of US micro-cap investments and European micro-cap investments, Portfolio of real estate investments and Portfolio of other investments. It generates maximum revenue from the US microcap investments segment. The company portfolio is diversified across Western Europe. Its strategies include investments in micro-cap buyouts, mezzanine loans and high-yield securities, senior secured debt and second lien loans, real estate and other debt and equity opportunities, including distressed debt and structured financings, derivatives.

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