Genius Sports (Genius Sports) ROCE % : -22.89% (As of Dec. 2023)

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What is Genius Sports 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. Genius Sports's annualized ROCE % for the quarter that ended in Dec. 2023 was -22.89%.

Genius Sports ROCE % Historical Data

The historical data trend for Genius Sports'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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Genius Sports ROCE % Chart

Genius Sports Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-12.08

-6.60

-115.61

-27.20

-11.99

Genius Sports Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial													-29.34	-14.62	-4.77	-5.29	-22.89

Genius Sports ROCE % Calculation

Genius Sports'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 )
	=	-71.664	/	( ( (773.337 - 171.14)	+	(775.724 - 182.914) )	/ 2 )
	=	-71.664	/	( (602.197	+	592.81)	/ 2 )
	=	-71.664	/	597.5035
	=	-11.99 %

Genius Sports'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 )
	=	-136.236	/	( ( (772.199 - 174.733)	+	(775.724 - 182.914) )	/ 2 )
	=	-136.236	/	( ( 597.466	+	592.81 )	/ 2 )
	=	-136.236	/	595.138
	=	-22.89 %

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

Genius Sports (NYSE:GENI) 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.

Genius Sports ROCE % Related Terms

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Genius Sports (Genius Sports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Genius Sports Ltd (NYSE:GENI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Bloomsbury Way, 9th Floor, London, GBR, WC1A 2SL

Website

https://www.geniussports.com

Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.