Liquid Meta Capital Holdings (NEOE:LIQD) ROCE % : -2.10% (As of Feb. 2024)

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What is Liquid Meta Capital Holdings 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. Liquid Meta Capital Holdings's annualized ROCE % for the quarter that ended in Feb. 2024 was -2.10%.

Liquid Meta Capital Holdings ROCE % Historical Data

The historical data trend for Liquid Meta Capital Holdings'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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Liquid Meta Capital Holdings ROCE % Chart

Liquid Meta Capital Holdings Annual Data

Trend

May21

May22

May23

ROCE %

-7.99

-60.22

-53.91

Liquid Meta Capital Holdings Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial							-11.56	-6.11	-4.73	105.18	-2.10

Liquid Meta Capital Holdings ROCE % Calculation

Liquid Meta Capital Holdings's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	-9.09	/	( ( (28.263 - 0.575)	+	(6.323 - 0.288) )	/ 2 )
	=	-9.09	/	( (27.688	+	6.035)	/ 2 )
	=	-9.09	/	16.8615
	=	-53.91 %

Liquid Meta Capital Holdings's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.164	/	( ( (8.253 - 0.359)	+	(8.039 - 0.3) )	/ 2 )
	=	-0.164	/	( ( 7.894	+	7.739 )	/ 2 )
	=	-0.164	/	7.8165
	=	-2.10 %

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

Liquid Meta Capital Holdings (NEOE:LIQD) 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.

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Liquid Meta Capital Holdings (NEOE:LIQD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Liquid Meta Capital Holdings Ltd (NEOE:LIQD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LIQQF:USA

Address

700 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1

Website

https://www.liquidmeta.io

Liquid Meta Capital Holdings Ltd is a decentralized finance infrastructure and technology company that is powering the next generation of open-access protocols and applications. The company is creating the bridge between traditional and decentralized finance while ushering in a new era of financial infrastructure.

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