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SRAX (SRAX) ROCE % : -12,016.67% (As of Sep. 2022)


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What is SRAX 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. SRAX's annualized ROCE % for the quarter that ended in Sep. 2022 was -12,016.67%.


SRAX ROCE % Historical Data

The historical data trend for SRAX'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.

SRAX ROCE % Chart

SRAX Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -109.50 149.44 -119.69 12.83 -29.38

SRAX Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 Premium Member Only Premium Member Only Premium Member Only -21.13 -77.51 70.77 -677.25 -12,016.67

SRAX ROCE % Calculation

SRAX's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-5.999/( ( (39.013 - 19.035) + (43.676 - 22.816) )/ 2 )
=-5.999/( (19.978+20.86)/ 2 )
=-5.999/20.419
=-29.38 %

SRAX's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-5.768/( ( (33.062 - 32.159) + (30.625 - 31.432) )/ 2 )
=-5.768/( ( 0.903 + -0.807 )/ 2 )
=-5.768/0.048
=-12,016.67 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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.


SRAX  (OTCPK:SRAX) 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.


SRAX ROCE % Related Terms

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SRAX (SRAX) Business Description

Traded in Other Exchanges
N/A
Address
2629 Townsgate Road, Suite 215, Westlake Village, CA, USA, 91361
SRAX Inc is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track investors behavior and trends and use those insights to engage current and potential investors across marketing channels.
Executives
Christopher Miglino director, 10 percent owner, officer: See Remarks 479 N. RODEO DRIVE, SUITE E 308, BEVERLY HILLS CA 90210
Michael Malone officer: Chief Financial Officer 191 OTTO STREET, PORT TOWNSEND WA 98368
Behzad Christopher Lahiji director, officer: Pres., LD Micro (Subsidiary) 1408 GRANT STREET, SANTA MONICA CA 90405
Marc Savas director 8033 SUNSET BLVD., BOX 873, LOS ANGELES CA 90046
Malcolm Westley Casselle director 4535 W SAHARA AVE., #200, LAS VEGAS NV 89102
Diclaudio Colleen director 456 SEATON STREET, LOS ANGELES CA 90013
Robert James Jordan director 456 SEATON STRET, LOS ANGELES CA 90013
Michael Thomas Malone officer: Chief Financial Officer 525 WEST 28 TH ST., APT. 160, NEW YORK NY 10001
Joseph Patrick Hannan officer: Chief Financial Officer 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Derek James Ferguson director 135 HAWTHORN AVE., GLENCOE IL 60022
Anthony Packer director 6505 KILBERRY LANE, CHARLOTTE NC 28277
Rahul Thumati officer: Chief Financial Officer 1630 S. EUCLID AVENUE, SAN MARINO CA 91108
Rodney J Dillman director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Carrie E Mcqueen officer: Chief Financial Officer 11545 W. BERNARDO COURT, SUITE 301, SAN DIEGO CA 92127
Richard Steel director, officer: President 2052 PEBBLE DRIVE, ALAMO CA 94507