Token Communities (Token Communities) ROCE % : 0.00% (As of Dec. 2023)

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What is Token Communities 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. Token Communities's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Token Communities ROCE % Historical Data

The historical data trend for Token Communities'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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Token Communities ROCE % Chart

Token Communities Annual Data

Trend

Jun16

Jun17

Jun18

Jun20

Jun21

Jun22

Jun23

ROCE %

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Token Communities Quarterly Data
	Mar18	Jun18	Sep18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Token Communities ROCE % Calculation

Token Communities's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-0.254	/	( ( (0.051 - 1.361)	+	(0.099 - 1.711) )	/ 2 )
	=	-0.254	/	( (-1.31	+	-1.612)	/ 2 )
	=	-0.254	/	-1.461
	=	17.39 %

Token Communities'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 )
	=	-0.224	/	( ( (0.109 - 1.513)	+	(0.114 - 1.625) )	/ 2 )
	=	-0.224	/	( ( -1.404	+	-1.511 )	/ 2 )
	=	-0.224	/	-1.4575
	=	0 %

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

Token Communities (OTCPK:TKCM) 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.

Token Communities ROCE % Related Terms

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Token Communities (Token Communities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Token Communities Ltd (OTCPK:TKCM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Tidewater Shore Loop, Suite 402, Bradenton, FL, USA, 34208

Website

http://www.tokencommunities.com

Token Communities Ltd is the United States based development stage company. Token Communities researches and creates a white paper analysis for companies regarding blockchain technology.

Token Communities (Token Communities) Headlines

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