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Craven House Capital (LSE:CRV) ROCE % : -14.56% (As of Nov. 2023)


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What is Craven House Capital 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. Craven House Capital's annualized ROCE % for the quarter that ended in Nov. 2023 was -14.56%.


Craven House Capital ROCE % Historical Data

The historical data trend for Craven House Capital'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.

Craven House Capital ROCE % Chart

Craven House Capital Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.22 4.55 -34.35 -2.83 -146.56

Craven House Capital Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.46 -3.21 -2.26 -289.76 -14.56

Craven House Capital ROCE % Calculation

Craven House Capital's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=-5.45/( ( (6.444 - 0.076) + (1.178 - 0.109) )/ 2 )
=-5.45/( (6.368+1.069)/ 2 )
=-5.45/3.7185
=-146.56 %

Craven House Capital's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2023 )  (Q: May. 2023 )(Q: Nov. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2023 )  (Q: May. 2023 )(Q: Nov. 2023 )
=-0.154/( ( (1.178 - 0.109) + (1.161 - 0.114) )/ 2 )
=-0.154/( ( 1.069 + 1.047 )/ 2 )
=-0.154/1.058
=-14.56 %

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

* 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.


Craven House Capital  (LSE:CRV) 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.


Craven House Capital ROCE % Related Terms

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Craven House Capital (LSE:CRV) Business Description

Traded in Other Exchanges
N/A
Address
776-778 Barking Road, London, GBR, E13 9PJ
Craven House Capital PLC is a United Kingdom-based market investment company. It adopts the traditional merchant banking approach whereby it identifies and invests in good quality and high growth operating companies with management that demonstrates the local knowledge and business acumen to thrive in the chosen market. The company's Investing Policy is to invest in or acquire a portfolio of companies, partnerships, joint ventures, businesses, or other assets participating in the e-Commerce sector.

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