Marketwise (Marketwise) ROCE % : -783.22% (As of Sep. 2021)

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What is Marketwise 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. Marketwise's annualized ROCE % for the quarter that ended in Sep. 2021 was -783.22%.

Marketwise ROCE % Historical Data

The historical data trend for Marketwise'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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Marketwise ROCE % Chart

Marketwise Annual Data

Trend

Dec20

ROCE %

Marketwise Quarterly Data
	Feb20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
ROCE %	Get a 7-Day Free Trial			-0.26	-	-0.46	-2.90	-783.22

Marketwise ROCE % Calculation

Marketwise's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: . 20 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: . 20 )		(A: Dec. 2020 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Marketwise's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	-1492.256	/	( ( (414.904 - 3.058)	+	(403.429 - 434.216) )	/ 2 )
	=	-1492.256	/	( ( 411.846	+	-30.787 )	/ 2 )
	=	-1492.256	/	190.5295
	=	-783.22 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

Marketwise (NAS:MKTW) 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.

Marketwise ROCE % Related Terms

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Marketwise (Marketwise) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

1125 N. Charles Street, Baltimore, MD, USA, 21201

Website

https://www.marketwise.com

Marketwise Inc is a multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. Its products are built for high-value financial research, education, actionable investment ideas, and investment software. It is a digital, direct-to-consumer company offering its research across a variety of platforms including mobile, desktops, and tablets.