Bridgeline Digital (STU:BL43) ROCE % : -19.55% (As of Dec. 2023)

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What is Bridgeline Digital 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. Bridgeline Digital's annualized ROCE % for the quarter that ended in Dec. 2023 was -19.55%.

Bridgeline Digital ROCE % Historical Data

The historical data trend for Bridgeline Digital'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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Bridgeline Digital ROCE % Chart

Bridgeline Digital Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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-126.36

4.62

0.83

-7.68

-12.12

Bridgeline Digital 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															-6.20	-11.13	-12.16	-15.08	-19.55

Bridgeline Digital ROCE % Calculation

Bridgeline Digital'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 )
	=	-2.123	/	( ( (27.788 - 4.836)	+	(16.52 - 4.45) )	/ 2 )
	=	-2.123	/	( (22.952	+	12.07)	/ 2 )
	=	-2.123	/	17.511
	=	-12.12 %

Bridgeline Digital'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 )
	=	-2.276	/	( ( (16.52 - 4.45)	+	(15.224 - 4.015) )	/ 2 )
	=	-2.276	/	( ( 12.07	+	11.209 )	/ 2 )
	=	-2.276	/	11.6395
	=	-19.55 %

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

Bridgeline Digital (STU:BL43) 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.

Bridgeline Digital ROCE % Related Terms

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Bridgeline Digital (STU:BL43) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bridgeline Digital Inc (STU:BL43) » Definitions » ROCE %

Comparable Companies

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BLIN:USA

Address

100 Sylvan Road, Suite G700, Woburn, MA, USA, 01801

Website

http://www.bridgeline.com

Bridgeline Digital Inc is a marketing technology company that offers a suite of products that help companies grow online revenue by driving more traffic to their websites, converting more visitors to purchasers, and increasing average order value. It helps to maximize the performance of critical websites, intranets, and online stores. The company generates revenue from digital engagement services, subscription, perpetual licenses, maintenance, and hosting. Geographically, it derives a majority of revenue from the United States.

Bridgeline Digital (STU:BL43) Headlines

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