RumbleON (RumbleON) ROCE %

: -51.69% (As of Dec. 2023)

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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%.

RumbleON ROCE % Historical Data

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.

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RumbleON Annual Data

Trend

Nov14

Nov15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-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 %																-148.89	-0.43	0.54	-0.12	-51.69

RumbleON ROCE % Calculation

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.

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.

RumbleON ROCE % Related Terms

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RumbleON (RumbleON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » RumbleON Inc (NAS:RMBL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

4Q01:Germany

Address

901 W Walnut Hill Lane, Irving, TX, USA, 75038

Website

https://www.rumbleon.com

RumbleON Inc is a USA-based online retailer that allows both consumers and dealers to Buy-Sell-Trade-Finance pre-owned motorcycles in an efficient, fast, transparent, and engaging experience. Its segments include power sports, automotive, and vehicle logistics. Powersports and automotive segments consist of the distribution of pre-owned vehicles. The Powersports segment that derives the majority of revenue consists of the distribution principally of motorcycles and other powersports vehicles, while the automotive segment distributes cars and trucks. The vehicle Logistics and transportation service segment offers nationwide automotive transportation services between dealerships and auctions.

Executives

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