LiveHire (ASX:LVH) ROCE % : -108.21% (As of Dec. 2023)

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What is LiveHire 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. LiveHire's annualized ROCE % for the quarter that ended in Dec. 2023 was -108.21%.

LiveHire ROCE % Historical Data

The historical data trend for LiveHire'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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LiveHire ROCE % Chart

LiveHire Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-40.24

-49.13

-42.41

-88.76

-155.93

LiveHire Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial											-73.46	-105.57	-125.57	-116.31	-108.21

LiveHire ROCE % Calculation

LiveHire'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 )
	=	-14.071	/	( ( (15.417 - 5.594)	+	(13.769 - 5.544) )	/ 2 )
	=	-14.071	/	( (9.823	+	8.225)	/ 2 )
	=	-14.071	/	9.024
	=	-155.93 %

LiveHire'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 )
	=	-9.146	/	( ( (13.769 - 5.544)	+	(15.864 - 7.185) )	/ 2 )
	=	-9.146	/	( ( 8.225	+	8.679 )	/ 2 )
	=	-9.146	/	8.452
	=	-108.21 %

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

LiveHire (ASX:LVH) 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.

LiveHire ROCE % Related Terms

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LiveHire (ASX:LVH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LiveHire Ltd (ASX:LVH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Queen Street, Level 5, Safe Deposit Building, Melbourne, VIC, AUS, 3000

Website

https://www.livehire.com

LiveHire Ltd operates a cloud-based online human resources productivity platform for sourcing and recruitment teams that delivers talent-on-demand for companies of all sizes. Its only reportable segment is the provision of online talent acquisition software. The company derives revenue from Hosting and Maintenance fees; Implementation fees; Integration fees; Professional Services fees and others. Geographically the company derives the majority of its revenue from the APAC region.

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