Mdf Commerce (TSX:MDF) ROCE % : -7.05% (As of Dec. 2023)

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What is Mdf Commerce 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. Mdf Commerce's annualized ROCE % for the quarter that ended in Dec. 2023 was -7.05%.

Mdf Commerce ROCE % Historical Data

The historical data trend for Mdf Commerce'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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Mdf Commerce ROCE % Chart

Mdf Commerce Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-20.96

-4.84

-4.71

-8.11

-25.32

Mdf Commerce 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															22.14	-7.36	-7.88	-1.27	-7.05

Mdf Commerce ROCE % Calculation

Mdf Commerce's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-83.504	/	( ( (463.307 - 74.636)	+	(331.996 - 61.04) )	/ 2 )
	=	-83.504	/	( (388.671	+	270.956)	/ 2 )
	=	-83.504	/	329.8135
	=	-25.32 %

Mdf Commerce'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 )
	=	-18.224	/	( ( (315.893 - 51.585)	+	(304.812 - 51.828) )	/ 2 )
	=	-18.224	/	( ( 264.308	+	252.984 )	/ 2 )
	=	-18.224	/	258.646
	=	-7.05 %

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

Mdf Commerce (TSX:MDF) 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.

Mdf Commerce ROCE % Related Terms

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Mdf Commerce (TSX:MDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mdf Commerce Inc (TSX:MDF) » Definitions » ROCE %

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MECVF:USA

Address

1111 St-Charles Street West, East Tower, Suite 255, Longueuil, QC, CAN, J4K 5G4

Website

https://www.mdfcommerce.com

Mdf Commerce Inc enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. The company's procurement, e-commerce and e-marketplace platforms are supported by a strong and dedicated team based in Canada, the United States, Denmark, Ukraine, and China.

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