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Linkfire A/S (OSTO:LINKFI) ROCE % : -28.59% (As of Sep. 2023)


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What is Linkfire A/S 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. Linkfire A/S's annualized ROCE % for the quarter that ended in Sep. 2023 was -28.59%.


Linkfire A/S ROCE % Historical Data

The historical data trend for Linkfire A/S'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.

Linkfire A/S ROCE % Chart

Linkfire A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
-42.72 -45.86 -38.74 -47.74 -83.16

Linkfire A/S Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -177.84 -35.09 -40.77 -45.92 -28.59

Linkfire A/S ROCE % Calculation

Linkfire A/S'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 )
=-109.166/( ( (193.643 - 36.769) + (149.767 - 44.09) )/ 2 )
=-109.166/( (156.874+105.677)/ 2 )
=-109.166/131.2755
=-83.16 %

Linkfire A/S'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 )
=-27.1/( ( (151.473 - 57.364) + (155.448 - 59.966) )/ 2 )
=-27.1/( ( 94.109 + 95.482 )/ 2 )
=-27.1/94.7955
=-28.59 %

(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.


Linkfire A/S  (OSTO:LINKFI) 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.


Linkfire A/S ROCE % Related Terms

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Linkfire A/S (OSTO:LINKFI) Business Description

Traded in Other Exchanges
N/A
Address
Rentemestervej 80, Copenhagen, DNK, 2400
Linkfire A/S provides digital marketing services for the entertainment and music industries. The company's offering consists of two solutions namely the Linkfire Marketing Platform and the Linkfire Discovery Network. The Linkfire Marketing Platform is a SaaS marketing platform allowing labels and artists, the customers, to create Smart Links for music products such as songs, albums, tickets and merchandise, which can be shared on websites and applications. The Linkfire Discovery Network is network of Smart Links on partner websites and applications as well as traffic channels, which connects consumers to music products.

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