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Unisync (TSX:UNI) ROCE % : -2.10% (As of Dec. 2023)


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What is Unisync 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. Unisync's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.10%.


Unisync ROCE % Historical Data

The historical data trend for Unisync'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.

Unisync ROCE % Chart

Unisync Annual Data
Trend Nov13 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.24 2.85 -2.34 1.01 -22.33

Unisync Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.26 -1.97 -17.36 -78.13 -2.10

Unisync ROCE % Calculation

Unisync's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-8.959/( ( (104.364 - 58.028) + (109.421 - 75.526) )/ 2 )
=-8.959/( (46.336+33.895)/ 2 )
=-8.959/40.1155
=-22.33 %

Unisync'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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-0.7/( ( (109.421 - 75.526) + (109.556 - 76.894) )/ 2 )
=-0.7/( ( 33.895 + 32.662 )/ 2 )
=-0.7/33.2785
=-2.10 %

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

* 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.


Unisync  (TSX:UNI) 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.


Unisync ROCE % Related Terms

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Unisync (TSX:UNI) Business Description

Traded in Other Exchanges
N/A
Address
885 West Georgia Street, Suite 1328, Vancouver, BC, CAN, V6C 3E8
Unisync Corp is a vertically integrated North American company involved in garment design, domestic and offshore manufacturing, warehousing, and distribution. It operates in two main business segments. The Peerless segment manufactures harsh weather outerwear for the Canadian military and other government agencies. The UGL segment is involved in the design, manufacture, and distribution of direct sale uniforms, workwear, image apparel, and related solutions. It operates distribution centers in Guelph and Carleton Place, Ontario, Vancouver, British Columbia, Saint-Laurent, Quebec, Farmingdale, New Jersey and Henderson, Nevada.
Executives
Renting Gu Director

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