Kahoot ASA (Kahoot ASA) ROCE % : 0.65% (As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Kahoot ASA 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. Kahoot ASA's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.65%.

Kahoot ASA ROCE % Historical Data

The historical data trend for Kahoot ASA'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.

* Premium members only.

Kahoot ASA ROCE % Chart

Kahoot ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

-64.52

-27.22

-18.74

-0.72

-0.83

Kahoot ASA Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial															-0.64	-4.67	2.84	-0.38	0.65

Kahoot ASA ROCE % Calculation

Kahoot ASA'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 )
	=	-5.534	/	( ( (796.108 - 125.696)	+	(787.118 - 118.816) )	/ 2 )
	=	-5.534	/	( (670.412	+	668.302)	/ 2 )
	=	-5.534	/	669.357
	=	-0.83 %

Kahoot ASA's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	4.348	/	( ( (768.24 - 96.222)	+	(771.776 - 97.139) )	/ 2 )
	=	4.348	/	( ( 672.018	+	674.637 )	/ 2 )
	=	4.348	/	673.3275
	=	0.65 %

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

Kahoot ASA (OTCPK:KHOTF) 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.

Kahoot ASA ROCE % Related Terms

Thank you for viewing the detailed overview of Kahoot ASA's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kahoot ASA (Kahoot ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kahoot ASA (OTCPK:KHOTF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KAHOTo:Sweden KAHOT:Norway KAH:Germany

Address

Fridtjof Nansens plass 7, Oslo, NOR, 0160

Website

https://www.kahoot.com

Kahoot ASA is a game-based learning platform. The company offers Learning & development platform, E-learning, Gamification, Game-based learning, Interactive presentations, Trivia, Events, Conferences, Engagement, Formative assessment, Compliance training, and Policy training. Its geographical segments are USA & Canada; Europe; Asia Pacific; Latin America & The Caribbean, and Africa; The Middle East, and India.