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Alico (ALCO) ROCE % : 57.72% (As of Dec. 2023)


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What is Alico 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. Alico's annualized ROCE % for the quarter that ended in Dec. 2023 was 57.72%.


Alico ROCE % Historical Data

The historical data trend for Alico'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.

Alico ROCE % Chart

Alico Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.53 9.44 12.38 4.05 1.83

Alico Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.14 -7.39 15.13 2.63 57.72

Alico ROCE % Calculation

Alico's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=7.37/( ( (409.255 - 16.525) + (428.353 - 15.065) )/ 2 )
=7.37/( (392.73+413.288)/ 2 )
=7.37/403.009
=1.83 %

Alico's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=238.372/( ( (428.353 - 15.065) + (441.209 - 28.54) )/ 2 )
=238.372/( ( 413.288 + 412.669 )/ 2 )
=238.372/412.9785
=57.72 %

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


Alico  (NAS:ALCO) 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.


Alico ROCE % Related Terms

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Alico (ALCO) Business Description

Traded in Other Exchanges
N/A
Address
10070 Daniels Interstate Court, Suite 100, Fort Myers, FL, USA, 33913
Alico Inc is a Florida-based agribusiness and land management company that primarily focuses on citrus production and grove conservation. The company operates through two primary business units: Alico Citrus and Land Management and Other Operations. The Alico Citrus segment engages in cultivation of citrus trees and delivers citrus to the processed and fresh citrus markets. It mainly serves the processed market and sells primarily Hamlin oranges and the Valencia variety to the orange juice processors. The Land Management and Other Operations segment engages in land leasing for recreational, conservation, and mining activities. Alico Citrus delivers most of the revenue as the firm's primary operating business unit.
Executives
Katherine English director 7951 DENI DRIVE, NORTH FORT MYERS FL 33917
Adam Putnam director ONE WATERFOWL WAY, MEMPHIS TN 38120
Bradley Heine officer: Chief Financial Officer C/O ALICO, INC., 10070 DANIELS INTERSTATE COURT, STE 200, FORT MYERS FL 33913
Vecchio Perry Del officer: Chief Financial Officer 3207 PACIFIC DR, NAPLES FL 34119
Arlon Valencia Holdings Llc director C/O ARLON GROUP 277 PARK AVENUE, NEW YORK NY 10172
Remy W Trafelet director, 10 percent owner C/O TRAFELET BROKAW CAPITAL MANAGEMENT,, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
734 Investors, Llc director, 10 percent owner C/O 734 AGRICULTURE, LLC, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Toby K Purse director 1276 OSCEOLA DRIVE, FORT MYERS FL 33901
Benjamin D Fishman director 6 WILLOW PLACE, BROOKLYN NY 11201
George R Brokaw director, 10 percent owner DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
734 Agriculture, Llc director, 10 percent owner 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Daniel Keith Sutton officer: President of Citrus 5289 RIVER BLOSSOM LANE, LABELLE FL 33935
Joseph Sambuco director 10070 DANIELS INTERSTATE COURT, FT MYERS FL 33913
Richard Rallo officer: Chief Accounting Officer 3265 LARSON BLVD, OCEANSIDE NY 11572
Clayton G Wilson director, officer: Chief Executive Officer C/O THE LATT MAXCY CORPORATION, 21299 US HIGHWAY 27, LAKE WALES FL 33859

Alico (ALCO) Headlines

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