Strategem Capital (TSXV:SGE) ROCE % : 51.67% (As of Mar. 2024)

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What is Strategem Capital 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. Strategem Capital's annualized ROCE % for the quarter that ended in Mar. 2024 was 51.67%.

Strategem Capital ROCE % Historical Data

The historical data trend for Strategem Capital'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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Strategem Capital ROCE % Chart

Strategem Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.81

-2.08

50.70

-92.77

-16.09

Strategem Capital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															37.61	-60.54	-44.43	2.75	51.67

Strategem Capital ROCE % Calculation

Strategem Capital'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 )
	=	-1.72	/	( ( (11.649 - 0.047)	+	(9.814 - 0.031) )	/ 2 )
	=	-1.72	/	( (11.602	+	9.783)	/ 2 )
	=	-1.72	/	10.6925
	=	-16.09 %

Strategem Capital's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	5.4	/	( ( (9.814 - 0.031)	+	(11.592 - 0.472) )	/ 2 )
	=	5.4	/	( ( 9.783	+	11.12 )	/ 2 )
	=	5.4	/	10.4515
	=	51.67 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Strategem Capital (TSXV:SGE) 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.

Strategem Capital ROCE % Related Terms

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Strategem Capital (TSXV:SGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Strategem Capital Corp (TSXV:SGE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

210 - 240 11 Avenue SW, Calgary, BC, CAN, T2R 0C3

Website

https://www.strategemcapital.com

Strategem Capital Corp invests in resource exploration and development opportunities, mining, energy production and agricultural protein products. Its investments are focused on high growth opportunities in private or public companies and its objective is to own and manage operating businesses. The company derives revenue in the form of interest, dividends, and gains on the sale of investments.

Executives

Arthur Murray Smolensky

10% Security Holder

Strategem Capital (TSXV:SGE) Headlines

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