Venzee Technologies (Venzee Technologies) ROCE % : 0.00% (As of Dec. 2023)

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

Venzee Technologies ROCE % Historical Data

The historical data trend for Venzee Technologies'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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Venzee Technologies ROCE % Chart

Venzee Technologies Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-293.67

-1,002.11

-870.00

-321.68

-435.51

Venzee Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Venzee Technologies ROCE % Calculation

Venzee Technologies'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 )
	=	-3.606	/	( ( (1.415 - 0.142)	+	(0.605 - 0.222) )	/ 2 )
	=	-3.606	/	( (1.273	+	0.383)	/ 2 )
	=	-3.606	/	0.828
	=	-435.51 %

Venzee Technologies'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 )
	=	-0.564	/	( ( (0.064 - 0.379)	+	(0.061 - 0.514) )	/ 2 )
	=	-0.564	/	( ( -0.315	+	-0.453 )	/ 2 )
	=	-0.564	/	-0.384
	=	0 %

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

Venzee Technologies (OTCPK:VENZF) 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.

Venzee Technologies ROCE % Related Terms

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Venzee Technologies (Venzee Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Venzee Technologies Inc (OTCPK:VENZF) » Definitions » ROCE %

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VENZ:Canada

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.venzee.com

Venzee Technologies Inc is engaged in developing software infrastructure retailers. It develops and markets a cloud-based platform that suppliers and manufacturers from multiple industries use to share their product information and inventory updates, in real-time, with their retailers. The Company operates in one operating segment, which is a cloud-based platform solution targeted to online retailers and vendors. Geographically, the company generates a majority of revenue from the United States.