Morgan Group Holding Co (Morgan Group Holding Co) ROCE % : -70.60% (As of Sep. 2023)

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What is Morgan Group Holding Co 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. Morgan Group Holding Co's annualized ROCE % for the quarter that ended in Sep. 2023 was -70.60%.

Morgan Group Holding Co ROCE % Historical Data

The historical data trend for Morgan Group Holding Co'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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Morgan Group Holding Co ROCE % Chart

Morgan Group Holding Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-77.33

-77.97

-30.68

-41.08

-36.70

Morgan Group Holding Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-33.70	-9.82	-56.64	-93.80	-70.60

Morgan Group Holding Co ROCE % Calculation

Morgan Group Holding Co'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 )
	=	-0.94	/	( ( (4.324 - 1.288)	+	(3.418 - 1.331) )	/ 2 )
	=	-0.94	/	( (3.036	+	2.087)	/ 2 )
	=	-0.94	/	2.5615
	=	-36.70 %

Morgan Group Holding Co's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-0.928	/	( ( (2.517 - 1.087)	+	(1.965 - 0.766) )	/ 2 )
	=	-0.928	/	( ( 1.43	+	1.199 )	/ 2 )
	=	-0.928	/	1.3145
	=	-70.60 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Morgan Group Holding Co (OTCPK:MGHL) 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.

Morgan Group Holding Co ROCE % Related Terms

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Morgan Group Holding Co (Morgan Group Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Morgan Group Holding Co (OTCPK:MGHL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Theodore Fremd Avenue, Rye, NY, USA, 10580

Website

https://www.morgangroupholdingco.com

Morgan Group Holding Co through its wholly own subsidiary operates in institutional research and securities brokerage business. It provides underwriting and institutional research services. The firm derives revenue from institutional research services, underwriting fees, and selling concessions.

Executives

Claudia B Carucci	10 percent owner	17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Uncle Mills Partners, Llc	10 percent owner	17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Bernard Zimmerman	10 percent owner, other: See Remarks	18 HIGH MEADOW RD, WESTON CT 06883
Carucci Walter P /ny	10 percent owner, other: See Remarks	C/O CARR SECURITIES CORP, 14 VANDERVENTER AVENUE, SUITE 210, PORT WASHINGTON NY 11050