Staffline Group (LSE:STAF) ROCE % : -3.04% (As of Dec. 2023)

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What is Staffline Group 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. Staffline Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.04%.

Staffline Group ROCE % Historical Data

The historical data trend for Staffline Group'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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Staffline Group ROCE % Chart

Staffline Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-23.14

-42.85

2.83

6.50

-4.13

Staffline Group 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															3.19	0.53	12.22	-4.79	-3.04

Staffline Group ROCE % Calculation

Staffline Group'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 )
	=	-2.8	/	( ( (235.9 - 158.7)	+	(212.2 - 153.7) )	/ 2 )
	=	-2.8	/	( (77.2	+	58.5)	/ 2 )
	=	-2.8	/	67.85
	=	-4.13 %

Staffline Group'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 )
	=	-2	/	( ( (216.9 - 143.8)	+	(212.2 - 153.7) )	/ 2 )
	=	-2	/	( ( 73.1	+	58.5 )	/ 2 )
	=	-2	/	65.8
	=	-3.04 %

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

Staffline Group (LSE:STAF) 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.

Staffline Group ROCE % Related Terms

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Staffline Group (LSE:STAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Staffline Group PLC (LSE:STAF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

STAF.GB:UK OSU:Germany

Address

19-20 The Triangle, NG2 Business Park, Nottingham, GBR, NG2 1AE

Website

https://www.stafflinegroupplc.co.uk

Staffline Group PLC is engaged in the provision of recruitment and outsourced human resource services to the industry as well as the provision of skills training and probationary services. The company's operating segment includes Recruitment GB, Recruitment Ireland, and PeoplePlus. It's business activity of the group functions throughout the United Kingdom. The majority of the revenue comes from Recruitment GB.