TrickleStar (SGX:CYW) ROCE % : -11.64% (As of Dec. 2023)

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What is TrickleStar 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. TrickleStar's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.64%.

TrickleStar ROCE % Historical Data

The historical data trend for TrickleStar'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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TrickleStar ROCE % Chart

TrickleStar Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.17

8.80

-25.40

-2.15

-4.39

TrickleStar Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-63.49	-0.08	-4.18	2.84	-11.64

TrickleStar ROCE % Calculation

TrickleStar'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 )
	=	-0.314	/	( ( (11.92 - 4.537)	+	(11.424 - 4.488) )	/ 2 )
	=	-0.314	/	( (7.383	+	6.936)	/ 2 )
	=	-0.314	/	7.1595
	=	-4.39 %

TrickleStar'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 )
	=	-0.836	/	( ( (10.328 - 2.901)	+	(11.424 - 4.488) )	/ 2 )
	=	-0.836	/	( ( 7.427	+	6.936 )	/ 2 )
	=	-0.836	/	7.1815
	=	-11.64 %

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

TrickleStar (SGX:CYW) 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.

TrickleStar ROCE % Related Terms

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TrickleStar (SGX:CYW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TrickleStar Ltd (SGX:CYW) » Definitions » ROCE %

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Address

Jalan Dutamas 1, C3-U6-15 Solaris Dutamas, Kuala Lumpur, MYS, 50480

Website

https://www.tricklestar.com

TrickleStar Ltd is engaged in design and supply energy-saving products to help consumers reduce energy consumption in their homes and workplaces. Its product portfolio includes Tier 1 Advanced PowerStrips, Portable Power Station, Surge Protectors, Tier 2 Advanced PowerStrips, DryerSaver, Wi-Fi Electric Water, Heater Controller, Energy Monitor USB Motion Sensor, GSA Approved PowerStrips, Advanced Keyboard and PowerSwitch.

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