PowerBand Solutions (TSXV:PBX) ROCE %

: 0.00% (As of Sep. 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. PowerBand Solutions's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

PowerBand Solutions ROCE % Historical Data

The historical data trend for PowerBand Solutions'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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PowerBand Solutions Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

-455.22

-253.28

-322.09

-217.80

-307.25

PowerBand Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %																-67.97	-399.08	-149.28	-	-

PowerBand Solutions ROCE % Calculation

PowerBand Solutions's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-29.547	/	( ( (20.411 - 11.064)	+	(17.235 - 7.349) )	/ 2 )
	=	-29.547	/	( (9.347	+	9.886)	/ 2 )
	=	-29.547	/	9.6165
	=	-307.25 %

PowerBand Solutions's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-6.956	/	( ( (0 - 0)	+	(10.222 - 16.265) )	/ 1 )
	=	-6.956	/	( ( 0	+	-6.043 )	/ 1 )
	=	-6.956	/	-6.043
	=	0 %

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

PowerBand Solutions (TSXV:PBX) 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.

PowerBand Solutions ROCE % Related Terms

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PowerBand Solutions (TSXV:PBX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PowerBand Solutions Inc (TSXV:PBX) » Definitions » ROCE %

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PWWBF:USA

Address

3385 Harvester Road, Suite 225, Burlington, ON, CAN, L7N 3N2

Website

https://www.powerbandsolutions.com

PowerBand Solutions Inc is a technology provider. It has developed a powerful suite of cloud-based transaction platforms to buy, sell, trade, finance and lease new and used vehicles, which includes real time appraisal services, market information and financing solutions. The company provides various solutions such as LiveNet, Marketplace Auction, Dynamic Appraisal, and Market Intelligence. The LiveNet Auction Portal allows Dealers to create an instant, online auction that launches a used vehicle to a vast network of the industry's top used vehicle buyers. Appraisal System is customizable to meet the respective compliance requirements.

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