Virtualware 2007 (XPAR:MLVIR) ROCE % : -2.03% (As of Dec. 2022)

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What is Virtualware 2007 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. Virtualware 2007's annualized ROCE % for the quarter that ended in Dec. 2022 was -2.03%.

Virtualware 2007 ROCE % Historical Data

The historical data trend for Virtualware 2007'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.
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Virtualware 2007 ROCE % Chart

Virtualware 2007 Annual Data

Trend

Dec21

Dec22

ROCE %

-15.14

-2.03

Virtualware 2007 Semi-Annual Data
	Dec21	Dec22
ROCE %	-15.14	-2.03

Virtualware 2007 ROCE % Calculation

Virtualware 2007'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 )
	=	-0.05	/	( ( (6.579 - 4.353)	+	(5.636 - 2.941) )	/ 2 )
	=	-0.05	/	( (2.226	+	2.695)	/ 2 )
	=	-0.05	/	2.4605
	=	-2.03 %

Virtualware 2007's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	-0.05	/	( ( (6.579 - 4.353)	+	(5.636 - 2.941) )	/ 2 )
	=	-0.05	/	( ( 2.226	+	2.695 )	/ 2 )
	=	-0.05	/	2.4605
	=	-2.03 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Virtualware 2007 (XPAR:MLVIR) 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.

Virtualware 2007 ROCE % Related Terms

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Virtualware 2007 (XPAR:MLVIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Virtualware 2007 SA (XPAR:MLVIR) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Calle Usausuaga no 7, Basauri, Vizcaya, Bilbao, ESP, 48970

Website

https://www.virtualwareco.com

Virtualware 2007 SA is a world-leading company providing bespoke solutions based on immersive and interactive technologies. Virtualware focuses on developing VR technologies that can help complex industries solve real problems, such as training strategic workers in nuclear plants or construction operations and maintenance of railway infrastructures, to solving medical issues in the battlefield. The company's flagship product VIROO is a unique solution that allows creating, managing and deploying virtual reality projects without limitations. It has a physical space, the VIROO Room, which allows several people to work at full scale in the same physical and virtual space.

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