TP ICAP GROUP (TP ICAP GROUP) ROCE % : 2.66% (As of Dec. 2023)

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What is TP ICAP GROUP 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. TP ICAP GROUP's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.66%.

TP ICAP GROUP ROCE % Historical Data

The historical data trend for TP ICAP GROUP'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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TP ICAP GROUP ROCE % Chart

TP ICAP GROUP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.59

6.78

2.77

4.91

4.99

TP ICAP GROUP 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															1.59	5.56	4.36	7.25	2.66

TP ICAP GROUP ROCE % Calculation

TP ICAP GROUP'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 )
	=	201.266	/	( ( (7141.291 - 3030.451)	+	(7855.696 - 3902.532) )	/ 2 )
	=	201.266	/	( (4110.84	+	3953.164)	/ 2 )
	=	201.266	/	4032.002
	=	4.99 %

TP ICAP GROUP'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 )
	=	106.33	/	( ( (7178.03 - 3143.939)	+	(7855.696 - 3902.532) )	/ 2 )
	=	106.33	/	( ( 4034.091	+	3953.164 )	/ 2 )
	=	106.33	/	3993.6275
	=	2.66 %

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

TP ICAP GROUP (OTCPK:TCAPF) 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.

TP ICAP GROUP ROCE % Related Terms

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TP ICAP GROUP (TP ICAP GROUP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TP ICAP GROUP PLC (OTCPK:TCAPF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TCAPl:UK TCAP:UK 8D7:Germany

Address

135 Bishopsgate, London, GBR, EC2M 3TP

Website

http://www.tpicap.com

TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy and commodities products. Its role includes to create liquidity and price discovery in markets and provide insight and context to the clients. The company provides proprietary over the counter ('OTC') pricing information in the world with the data on financial, energy and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers and charities.

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