OTC Markets Group (OTC Markets Group) ROCE % : 69.02% (As of Dec. 2023)

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What is OTC Markets Group 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. OTC Markets Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 69.02%.

OTC Markets Group ROCE % Historical Data

The historical data trend for OTC Markets Group'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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OTC Markets Group ROCE % Chart

OTC Markets Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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66.43

61.43

100.97

87.40

73.52

OTC Markets Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															80.24	62.16	68.95	63.57	69.02

OTC Markets Group ROCE % Calculation

OTC Markets Group'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 )
	=	32.594	/	( ( (89.618 - 45.848)	+	(90.525 - 45.625) )	/ 2 )
	=	32.594	/	( (43.77	+	44.9)	/ 2 )
	=	32.594	/	44.335
	=	73.52 %

OTC Markets Group'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	35.16	/	( ( (91.49 - 34.51)	+	(90.525 - 45.625) )	/ 2 )
	=	35.16	/	( ( 56.98	+	44.9 )	/ 2 )
	=	35.16	/	50.94
	=	69.02 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

OTC Markets Group (OTCPK:OTCM) 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.

OTC Markets Group ROCE % Related Terms

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OTC Markets Group (OTC Markets Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OTC Markets Group Inc (OTCPK:OTCM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Vesey Street, New York, NY, USA, 10282

Website

https://www.otcmarkets.com

OTC Markets Group Inc operates financial markets for securities in the U.S and globally. The firm mainly operates OTCQX best market, OTCQB venture market and Pink open market. It has OTC link ATS, market data licensing and corporate services business lines. The activities of these business lines encompass quotation and trade messaging services, network-based platform, access to market data, a suite of market data licenses and disclosure and information services. It derives a majority of revenue from the U.S.