Creative Technology (Creative Technology) ROCE % : -11.50% (As of Dec. 2023)

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What is Creative Technology 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. Creative Technology's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.50%.

Creative Technology ROCE % Historical Data

The historical data trend for Creative Technology'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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Creative Technology ROCE % Chart

Creative Technology Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-4.49

-15.48

-7.18

-10.88

-21.08

Creative Technology 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															4.34	-26.32	-25.60	-16.20	-11.50

Creative Technology ROCE % Calculation

Creative Technology'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 )
	=	-16.477	/	( ( (108.046 - 22.435)	+	(91.167 - 20.431) )	/ 2 )
	=	-16.477	/	( (85.611	+	70.736)	/ 2 )
	=	-16.477	/	78.1735
	=	-21.08 %

Creative Technology'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 )
	=	-7.894	/	( ( (91.167 - 20.431)	+	(86.03 - 19.459) )	/ 2 )
	=	-7.894	/	( ( 70.736	+	66.571 )	/ 2 )
	=	-7.894	/	68.6535
	=	-11.50 %

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

Creative Technology (OTCPK:CREAF) 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.

Creative Technology ROCE % Related Terms

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Creative Technology (Creative Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Creative Technology Ltd (OTCPK:CREAF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

C76:Singapore CTL:Germany

Address

31 International Business Park, No. 03-01 Creative Labs Pte Ltd, Singapore, SGP, 609921

Website

http://www.creative.com

Creative Technology Ltd operates as a digital entertainment company. The business activity of the company includes designing, manufacturing, and distribution of digitized sound and video boards, computers and related multimedia, and personal digital entertainment products. It offers products such as Amplifiers, sound cards, sound blasters, gaming headsets, speakers, peripherals and other accessories. Geographically, the firm has its business presence across the region of Singapore, United States of America, Asia Pacific, and Europe of which Asia Pacific region accounts for the majority of revenue.

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