Openn Negotiation (Openn Negotiation) ROCE % : -1,134.43% (As of Dec. 2023)

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What is Openn Negotiation 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. Openn Negotiation's annualized ROCE % for the quarter that ended in Dec. 2023 was -1,134.43%.

Openn Negotiation ROCE % Historical Data

The historical data trend for Openn Negotiation'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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Openn Negotiation ROCE % Chart

Openn Negotiation Annual Data

Trend

Jun22

ROCE %

-210.49

Openn Negotiation Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-67.30	-167.08	-313.56	-942.82	-1,134.43

Openn Negotiation ROCE % Calculation

Openn Negotiation's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: . 20 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: . 20 )		(A: Jun. 2022 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Openn Negotiation'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 )
	=	-2.768	/	( ( (0.484 - 0.554)	+	(0.855 - 0.297) )	/ 2 )
	=	-2.768	/	( ( -0.07	+	0.558 )	/ 2 )
	=	-2.768	/	0.244
	=	-1,134.43 %

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

Openn Negotiation (OTCPK:OPNNF) 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.

Openn Negotiation ROCE % Related Terms

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Openn Negotiation (Openn Negotiation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Openn Negotiation Ltd (OTCPK:OPNNF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OPN:Australia

Address

4 Stirling Road, Level 1, PO Box 896, Claremont, WA, AUS, 6910

Website

https://www.openn.com.au

Openn Negotiation Ltd operates a property technology business providing a proprietary cloud-based software platform to support real estate agents in selling property online with greater transparency. Its revenues are majorly driven by the number of agents certified to use the Openn platform and the number of properties uploaded for sale through the Openn platform each month. Geographically company derives key revenue from Australia and includes The USA.

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