Tokens.com (TSXV:COIN) ROCE % : 82.52% (As of Dec. 2023)

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What is Tokens.com 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. Tokens.com's annualized ROCE % for the quarter that ended in Dec. 2023 was 82.52%.

Tokens.com ROCE % Historical Data

The historical data trend for Tokens.com'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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Tokens.com ROCE % Chart

Tokens.com Annual Data

Trend

Dec20

Dec21

Sep22

Sep23

ROCE %

-42.00

-24.80

-112.94

Tokens.com Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-39.55	40.72	-19.22	-257.28	82.52

Tokens.com ROCE % Calculation

Tokens.com's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-13.716	/	( ( (0 - 0)	+	(13.352 - 1.208) )	/ 1 )
	=	-13.716	/	( (0	+	12.144)	/ 1 )
	=	-13.716	/	12.144
	=	-112.94 %

Tokens.com'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 )
	=	11.156	/	( ( (13.352 - 1.208)	+	(15.84 - 0.946) )	/ 2 )
	=	11.156	/	( ( 12.144	+	14.894 )	/ 2 )
	=	11.156	/	13.519
	=	82.52 %

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

Tokens.com (TSXV:COIN) 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.

Tokens.com ROCE % Related Terms

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Tokens.com (TSXV:COIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tokens.com Corp (TSXV:COIN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SMURF:USA 76M:Germany

Address

100 King Street West, 3400 One First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

https://www.tokens.com

Tokens.com Corp is traded technology company that invests in web3 assets and builds web3 business. It operates the technology that secures next generation blockchain networks through Proof-of-Stake technology that supports the growth of decentralized finance applications. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. It generate majority of its revenue from staking.