Weaccess Group (XPAR:MLWEA) ROCE % : -5.25% (As of Dec. 2023)

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What is Weaccess 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. Weaccess Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.25%.

Weaccess Group ROCE % Historical Data

The historical data trend for Weaccess 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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Weaccess Group ROCE % Chart

Weaccess Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-14.94

-17.76

-26.17

-24.05

-15.06

Weaccess Group Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				-	-	-	-25.19	-5.25

Weaccess Group ROCE % Calculation

Weaccess Group'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 )
	=	-0.133	/	( ( (1.174 - 0.332)	+	(1.274 - 0.35) )	/ 2 )
	=	-0.133	/	( (0.842	+	0.924)	/ 2 )
	=	-0.133	/	0.883
	=	-15.06 %

Weaccess Group'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 )
	=	-0.048	/	( ( (1.241 - 0.336)	+	(1.274 - 0.35) )	/ 2 )
	=	-0.048	/	( ( 0.905	+	0.924 )	/ 2 )
	=	-0.048	/	0.9145
	=	-5.25 %

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

Weaccess Group (XPAR:MLWEA) 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.

Weaccess Group ROCE % Related Terms

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Weaccess Group (XPAR:MLWEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Weaccess Group SA (XPAR:MLWEA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

59, rue Caroline Herschel, Madrillet Technology Park, Saint-Etienne-du-Rouvray, FRA, 76800

Website

http://www.infosat-telecom.fr

Weaccess Group SA provides internet services in white ADSL area using wireless technologies. The company also provides television and telephone services.

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