Hansard Global (Hansard Global) ROCE % : -6.41% (As of Dec. 2023)

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What is Hansard Global 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. Hansard Global's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.41%.

Hansard Global ROCE % Historical Data

The historical data trend for Hansard Global'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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Hansard Global ROCE % Chart

Hansard Global Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-3.49

1.83

-11.66

9.09

-1.74

Hansard Global Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.89	21.36	-3.16	-0.21	-6.41

Hansard Global ROCE % Calculation

Hansard Global's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-26.389	/	( ( (1614.778 - 118.842)	+	(1664.899 - 134.091) )	/ 2 )
	=	-26.389	/	( (1495.936	+	1530.808)	/ 2 )
	=	-26.389	/	1513.372
	=	-1.74 %

Hansard Global'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-100	/	( ( (1664.899 - 134.091)	+	(1675.57 - 87.975) )	/ 2 )
	=	-100	/	( ( 1530.808	+	1587.595 )	/ 2 )
	=	-100	/	1559.2015
	=	-6.41 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Hansard Global (OTCPK:HNRDF) 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.

Hansard Global ROCE % Related Terms

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Hansard Global (Hansard Global) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hansard Global PLC (OTCPK:HNRDF) » Definitions » ROCE %

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Address

55 Athol Street, Box 192, Douglas, IMN, IM99 1QL

Website

https://www.hansard.com

Hansard Global PLC is a holding company. Its activities include the transaction of life assurance business and related activities. Its only operating segment being the distribution and servicing of long-term investment products. Geographically, it derives a majority of revenue from the Isle of Man and also has a presence in the Republic of Ireland and the Bahamas. It focuses on helping financial advisors and institutions to provide their clients with saving and investment products in secure life assurance wrappers to meet long-term savings and investment objectives.

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