Aurora Design PCL (BKK:AURA) ROCE % : 22.39% (As of Mar. 2024)

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What is Aurora Design PCL 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. Aurora Design PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.39%.

Aurora Design PCL ROCE % Historical Data

The historical data trend for Aurora Design PCL'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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Aurora Design PCL ROCE % Chart

Aurora Design PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

19.56

18.54

19.18

17.92

Aurora Design PCL Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial						20.81	16.68	13.33	20.07	22.39

Aurora Design PCL ROCE % Calculation

Aurora Design PCL'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 )
	=	1312.525	/	( ( (10813.802 - 3581.392)	+	(13411.887 - 5993.921) )	/ 2 )
	=	1312.525	/	( (7232.41	+	7417.966)	/ 2 )
	=	1312.525	/	7325.188
	=	17.92 %

Aurora Design PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1669.812	/	( ( (13411.887 - 5993.921)	+	(13626.977 - 6127.1) )	/ 2 )
	=	1669.812	/	( ( 7417.966	+	7499.877 )	/ 2 )
	=	1669.812	/	7458.9215
	=	22.39 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Aurora Design PCL (BKK:AURA) 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.

Aurora Design PCL ROCE % Related Terms

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Aurora Design PCL (BKK:AURA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Aurora Design PCL (BKK:AURA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

444 Soi Udomsuk 26, Bang Na Nuea, Bang Na, Bangkok, THA, 10260

Website

https://www.auroradesign.co.th

Aurora Design PCL is thailand based company which engages in the trading of gold jewelry, diamonds, gems and k-gold. and rendering service of sale with rights of redemption for gold jewelry, diamonds, gems and k-gold.