Trans Global Group (Trans Global Group) ROCE % : -27.76% (As of Sep. 2023)

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What is Trans Global 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. Trans Global Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -27.76%.

Trans Global Group ROCE % Historical Data

The historical data trend for Trans Global 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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Trans Global Group ROCE % Chart

Trans Global Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec21

Dec22

ROCE %

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623.38

866.67

-39.33

Trans Global Group Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-	-37.85	-27.72	-27.31	-27.76

Trans Global Group ROCE % Calculation

Trans Global Group'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 )
	=	-1.83	/	( ( (0 - 0.078)	+	(10.58 - 1.196) )	/ 2 )
	=	-1.83	/	( (-0.078	+	9.384)	/ 2 )
	=	-1.83	/	4.653
	=	-39.33 %

Trans Global Group'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 )
	=	-2.216	/	( ( (9.419 - 1.163)	+	(8.867 - 1.158) )	/ 2 )
	=	-2.216	/	( ( 8.256	+	7.709 )	/ 2 )
	=	-2.216	/	7.9825
	=	-27.76 %

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

Trans Global Group (OTCPK:TGGI) 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.

Trans Global Group ROCE % Related Terms

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