Intellabridge Technology (XCNQ:KASH) ROCE % : -70.29% (As of Dec. 2023)

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What is Intellabridge Technology 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. Intellabridge Technology's annualized ROCE % for the quarter that ended in Dec. 2023 was -70.29%.

Intellabridge Technology ROCE % Historical Data

The historical data trend for Intellabridge Technology'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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Intellabridge Technology ROCE % Chart

Intellabridge Technology Annual Data

Trend

May14

May15

May16

May17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-126.77

-36.53

-29.83

-45.52

Intellabridge Technology 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															5.06	-27.10	-42.94	-42.34	-70.29

Intellabridge Technology ROCE % Calculation

Intellabridge Technology'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 )
	=	-1.672	/	( ( (5.033 - 0.379)	+	(3.064 - 0.372) )	/ 2 )
	=	-1.672	/	( (4.654	+	2.692)	/ 2 )
	=	-1.672	/	3.673
	=	-45.52 %

Intellabridge Technology'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 )
	=	-2.164	/	( ( (3.76 - 0.295)	+	(3.064 - 0.372) )	/ 2 )
	=	-2.164	/	( ( 3.465	+	2.692 )	/ 2 )
	=	-2.164	/	3.0785
	=	-70.29 %

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

Intellabridge Technology (XCNQ:KASH) 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.

Intellabridge Technology ROCE % Related Terms

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Intellabridge Technology (XCNQ:KASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intellabridge Technology Corp (XCNQ:KASH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KASHF:USA

Address

2060 Broadway, Suite B1, Boulder, CO, USA, 80302

Website

https://www.intellabridge.com

Intellabridge Technology Corp is a fintech blockchain company that offers decentralized banking services (DeFi banking). Its Kash product is built on blockchain and traditional financial technologies and provides customers with access to savings, payments and investment applications powered by web3 and cashback solutions, with additional layers of cybersecurity and customer service. The group offers depositors self-custody services to empower complete control over the accounts through its institutional-grade platform.

Executives

John Eagleton

10% Security Holder, Director, Senior Officer

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