Vection Technologies (ASX:VR1) ROCE % : -81.17% (As of Dec. 2023)

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What is Vection Technologies 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. Vection Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was -81.17%.

Vection Technologies ROCE % Historical Data

The historical data trend for Vection Technologies'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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Vection Technologies ROCE % Chart

Vection Technologies Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-208.00

-14.84

-15.44

-27.14

-39.03

Vection Technologies Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-18.07	-27.27	-54.91	-23.33	-81.17

Vection Technologies ROCE % Calculation

Vection Technologies'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 )
	=	-10.626	/	( ( (40.204 - 8.475)	+	(42.102 - 19.382) )	/ 2 )
	=	-10.626	/	( (31.729	+	22.72)	/ 2 )
	=	-10.626	/	27.2245
	=	-39.03 %

Vection Technologies'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 )
	=	-17.452	/	( ( (42.102 - 19.382)	+	(40.081 - 19.801) )	/ 2 )
	=	-17.452	/	( ( 22.72	+	20.28 )	/ 2 )
	=	-17.452	/	21.5
	=	-81.17 %

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

Vection Technologies (ASX:VR1) 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.

Vection Technologies ROCE % Related Terms

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Vection Technologies (ASX:VR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vection Technologies Ltd (ASX:VR1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

355 Scarborough Beach Road, Level 4, Building C, Garden Office Park, Osborne Park, WA, AUS, 6017

Website

https://www.vection.com.au

Vection Technologies Ltd is a software company that focuses on real-time technologies for industrial companies' digital transformation, Through a combination of 3D, Virtual Reality, Augmented Reality, Industrial IoT, and CAD solutions. It operates in two segments namely Information Technology(IT) development division and Outsourced services division. The majority of the revenue is derived from the IT development division. Mindesk, EnWorks, 3DFrame, Configurator and XRKiosk are the products of the company.

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