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Kidoz (KDOZF) ROCE % : -40.42% (As of Mar. 2024)


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What is Kidoz 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. Kidoz's annualized ROCE % for the quarter that ended in Mar. 2024 was -40.42%.


Kidoz ROCE % Historical Data

The historical data trend for Kidoz'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.

Kidoz ROCE % Chart

Kidoz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.91 0.17 0.39 -15.02 -25.86

Kidoz 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 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 -52.52 -26.86 -40.63 14.19 -40.42

Kidoz ROCE % Calculation

Kidoz'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 )
=-2.055/( ( (14.387 - 5.688) + (11.807 - 4.613) )/ 2 )
=-2.055/( (8.699+7.194)/ 2 )
=-2.055/7.9465
=-25.86 %

Kidoz'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 )
=-2.776/( ( (11.807 - 4.613) + (8.788 - 2.245) )/ 2 )
=-2.776/( ( 7.194 + 6.543 )/ 2 )
=-2.776/6.8685
=-40.42 %

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


Kidoz  (OTCPK:KDOZF) 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.


Kidoz ROCE % Related Terms

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Kidoz (KDOZF) Business Description

Traded in Other Exchanges
Address
1685 West 4th Avenue, Suite 220, Vancouver, BC, CAN, V6J 1L8
Kidoz Incs is an AdTech software developer and owner of the mobile Kidoz Safe Ad Network. The group help create a free and safe mobile app environment for children by enabling content producers to monetize their apps and video with safe, relevant, and fun ads. It provides an essential suite of advertising technology that unites brands, content publishers, and families. The Kidoz network does not use location or PII data tracking commonly used in digital advertising. Kidoz has developed advanced contextual targeting tools to enable brands to reach their ideal customers with complete brand safety. It generates the majority of its revenue from Ad tech advertising.
Executives
Pendinas Ltd 10 percent owner BALLACARRICK, POOILVAAISH ROAD, CASTLETOWN Y8 IM9 4PJ
Tryon M Williams director, 10 percent owner, officer: Chief Executive Officer C/O KIDOZ INC., SUITE 220, 1685 WEST 4TH AVENUE, VANCOUVER A1 V6J 1L8
Tora Eldad Ben director BE'ER GANIM 54, PO BOX 483, EVEN YEHUDA L3 4050935
Moshe David director 59 HERUT STREET, BINYAMINA L3 30500
Claes Kalborg director TATTBYVAGEN 11, SALTSJOBADEN V7 133 34
Gwynn Williams 10 percent owner BALLACARRICK, POOILVAAISH ROAD, CASTLETOWN Y8 IM9 4PJ
Williams Jason Miles Jm director, officer: VP Business Development SUITE 220,, 1685 WEST 4TH AVENUE, VANCOUVER A1 V6J 1L8
Moore William George Ashton director CLARE HALL, NR SUDBURY, CLARE X0 CO108PJ
Henry W Bromley officer: Chief Financial Officer C/O KIDOZ INC., SUITE 220, 1685 WEST 4TH AVENUE, VANCOUVER A1 V6J 1L8
Christopher Mark Devereux director SUITE 103, 1715 COOK STREET, VANCOUVER A1 V5Y 3J6
Ljungerud Ebba Dagmar Lucie director FLAT 6, 8 COLVILLE TERRACE, LONDON X0 W11 2BE
Praetorian Capital Management Llc 10 percent owner 3271 RIVIERA DRIVE, CORAL GABLES FL 33134
Petter Nylander director FLAT 4, 83 LADBROKE GROVE, LONDON X0 W11 2HB
Group Plc Unibet 10 percent owner FAWWARA BUILDINGS, MSIRA ROAD, GZIRA O1 GZR1402
Fiona Mary Curtis director ARD NA MARA, PO BOX 1127,, LITTLE HARBOUR 1A AI-2640