Parkd (ASX:PKD) ROCE % : -100.84% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Parkd 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. Parkd's annualized ROCE % for the quarter that ended in Dec. 2023 was -100.84%.

Parkd ROCE % Historical Data

The historical data trend for Parkd'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.

Parkd ROCE % Chart

Parkd Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-51.16

-72.40

-44.71

-109.86

-115.95

Parkd Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial								-105.60	-120.89	-143.45	-96.28	-100.84

Parkd ROCE % Calculation

Parkd'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 )
	=	-0.527	/	( ( (1.534 - 0.862)	+	(0.691 - 0.454) )	/ 2 )
	=	-0.527	/	( (0.672	+	0.237)	/ 2 )
	=	-0.527	/	0.4545
	=	-115.95 %

Parkd'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 )
	=	-0.24	/	( ( (0.691 - 0.454)	+	(1.048 - 0.809) )	/ 2 )
	=	-0.24	/	( ( 0.237	+	0.239 )	/ 2 )
	=	-0.24	/	0.238
	=	-100.84 %

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

Parkd (ASX:PKD) 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.

Parkd ROCE % Related Terms

Thank you for viewing the detailed overview of Parkd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Parkd (ASX:PKD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Parkd Ltd (ASX:PKD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

337 Harborne Street, Osborne Park, WA, AUS, 6017

Website

https://www.parkdgroup.com

Parkd Ltd is an Australian company which is specialized in modular parking system known as the Parkd Car Park System. The Parkd Car Park System includes three precast concrete elements and is designed for single or multi rise arrangements for up to 6 levels including ground level. It supplies and constructs the Parkd Car Park System for various markets for use as permanent and temporary car parking structures. The company operates in a single segment namely, the development of an innovative modular parking system.

Parkd (ASX:PKD) Headlines

No Headlines