Mindflair (LSE:MFAI) ROCE % : -10.54% (As of Jun. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Mindflair 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. Mindflair's annualized ROCE % for the quarter that ended in Jun. 2023 was -10.54%.

Mindflair ROCE % Historical Data

The historical data trend for Mindflair'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.

Mindflair ROCE % Chart

Mindflair Annual Data

Trend

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

-89.45

-32.09

-16.33

-12.06

-9.66

Mindflair Semi-Annual Data
	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-10.63	-8.95	24.92	-40.05	-10.54

Mindflair ROCE % Calculation

Mindflair's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.786	/	( ( (7.398 - 0.175)	+	(9.349 - 0.292) )	/ 2 )
	=	-0.786	/	( (7.223	+	9.057)	/ 2 )
	=	-0.786	/	8.14
	=	-9.66 %

Mindflair's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-0.928	/	( ( (9.349 - 0.292)	+	(8.8 - 0.255) )	/ 2 )
	=	-0.928	/	( ( 9.057	+	8.545 )	/ 2 )
	=	-0.928	/	8.801
	=	-10.54 %

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

Mindflair (LSE:MFAI) 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.

Mindflair ROCE % Related Terms

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

Mindflair (LSE:MFAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mindflair plc (LSE:MFAI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

107 Cheapside, 9th Floor, London, GBR, EC2V 6DN

Website

http://www.mindflair.tech

Mindflair plc is an investment company providing investors with access to a portfolio of next-generation technology businesses focused on AI with remarkable growth potential. The Company is building an investment portfolio of high-tech businesses across areas such as Artificial intelligence, the Internet of Things, Cyber Security, Machine Learning, Immersive Technologies and Big Data, which the Board believes demonstrate evidence of traction and the potential for exponential growth, due to increasing demand for development in these sectors.

Mindflair (LSE:MFAI) Headlines

No Headlines