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Bowmo (BOMO) ROCE % : 0.00% (As of Sep. 2023)


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What is Bowmo 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. Bowmo's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Bowmo ROCE % Historical Data

The historical data trend for Bowmo'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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Bowmo ROCE % Chart

Bowmo Annual Data
Trend Dec21 Dec22
ROCE %
- -

Bowmo Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial - - - - -

Bowmo ROCE % Calculation

Bowmo'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 )
=-3.653/( ( (0.038 - 0.84) + (0.184 - 5.82) )/ 2 )
=-3.653/( (-0.802+-5.636)/ 2 )
=-3.653/-3.219
=113.48 %

Bowmo'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 )
=-3.312/( ( (0.079 - 6.017) + (0.005 - 6.854) )/ 2 )
=-3.312/( ( -5.938 + -6.849 )/ 2 )
=-3.312/-6.3935
=0 %

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

Bowmo  (OTCPK:BOMO) 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.

Bowmo ROCE % Related Terms

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Bowmo (BOMO) Business Description

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Address
99 Wall Street, Suite 891, New York, NY, USA, 10005
Website
https://www.bowmo.com
Bowmo Inc is a virtual sourcing and engagement platform. It is the AI recruiting platform that Empowers recruiters to connect the best candidates with ease to choose the best candidates at the right time.