SinglePoint (SinglePoint) ROCE % : 0.00% (As of Sep. 2023)

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What is SinglePoint 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. SinglePoint's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

SinglePoint ROCE % Historical Data

The historical data trend for SinglePoint'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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SinglePoint ROCE % Chart

SinglePoint Annual Data

Trend

Oct08

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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SinglePoint Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-525.82	-	-	-	-

SinglePoint ROCE % Calculation

SinglePoint'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 )
	=	-7.591	/	( ( (2.368 - 2.232)	+	(19.12 - 21.572) )	/ 2 )
	=	-7.591	/	( (0.136	+	-2.452)	/ 2 )
	=	-7.591	/	-1.158
	=	655.53 %

SinglePoint'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 )
	=	-3.568	/	( ( (19.657 - 25.37)	+	(19.295 - 26.379) )	/ 2 )
	=	-3.568	/	( ( -5.713	+	-7.084 )	/ 2 )
	=	-3.568	/	-6.3985
	=	0 %

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

SinglePoint (BATS:SING) 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.

SinglePoint ROCE % Related Terms

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SinglePoint (SinglePoint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SinglePoint Inc (BATS:SING) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016

Website

https://www.singlepoint.com

SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. It is committed to building the largest vertically integrated network for the marketing and installation of solar panels in the residential and commercial markets. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector addressing the need for air purification in schools and offices. SinglePoint is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service and additional energy-efficient appliances that enhance sustainability.