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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. RumbleON's annualized ROCE % for the quarter that ended in Dec. 2023 was -51.69%.
The historical data trend for RumbleON'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.
RumbleON Annual Data | |||||||||||||||||||||
Trend | Nov14 | Nov15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
ROCE % | Get a 7-Day Free Trial | -95.80 | -45.67 | -3.37 | -32.40 | -12.50 |
RumbleON 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 | -148.89 | -0.43 | 0.54 | -0.12 | -51.69 |
RumbleON'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 ) | |||||
= | -77.9 | / | ( ( (1027.2 - 311.7) | + | (926.3 - 395) ) | / 2 ) | |
= | -77.9 | / | ( (715.5 | + | 531.3) | / 2 ) | |
= | -77.9 | / | 623.4 | ||||
= | -12.50 % |
RumbleON'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 ) | |||||
= | -311.708 | / | ( ( (1059.052 - 384.371) | + | (926.3 - 395) ) | / 2 ) | |
= | -311.708 | / | ( ( 674.681 | + | 531.3 ) | / 2 ) | |
= | -311.708 | / | 602.9905 | ||||
= | -51.69 % |
(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.
* 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.
RumbleON (NAS:RMBL) 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.
Thank you for viewing the detailed overview of RumbleON's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Stone House Capital Management, Llc | 10 percent owner | 1019 KANE CONCOURSE, SUITE 202, BAY HARBOR ISLANDS FL 33154 |
William Coulter | director, 10 percent owner | 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014 |
Mark Tkach | director, 10 percent owner, officer: Interim CEO | 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014 |
Sh Capital Partners, L.p. | 10 percent owner | 1019 KANE CONCOURSE, SUITE 202, BAY HARBOR ISLANDS FL 33154 |
Mark Alexander Cohen | 10 percent owner | 950 THIRD AVENUE, 17TH FLOOR, NEW YORK NY 10022 |
Melvin Flanigan | director | C/O CAMPING WORLD HOLDINGS, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60069 |
Michael Francis | officer: Chief Legal Officer | 901 W. WALNUT HILL LANE, IRVING TX 75038 |
Steven J Pully | director | 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042 |
Rebecca C. Polak | director | 611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224 |
Wjc Properties, L.l.c. | other: Member of 13(d) Group | 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014 |
Wrc-098 Trust | other: Member of 13(d) Group | 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014 |
Wrc-2009, L.l.c. | other: Member of 13(d) Group | 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014 |
Wrc 2021 Irrevocable Trust | other: Member of 13(d) Group | 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014 |
Blake Lawson | officer: Chief Financial Officer | C/O RUMBLEON, INC., 901 W. WALNUT HILL LANE, IRVING TX 75038 |
Adam Alexander | director | C/O RUMBLEON, INC., 901 W. WALNUT HILL LANE, IRVING TX 75038 |
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