Perimeter Medical Imaging AI (TSXV:PINK) ROCE % : -126.66% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Perimeter Medical Imaging AI 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. Perimeter Medical Imaging AI's annualized ROCE % for the quarter that ended in Dec. 2023 was -126.66%.

Perimeter Medical Imaging AI ROCE % Historical Data

The historical data trend for Perimeter Medical Imaging AI'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.

* Premium members only.

Perimeter Medical Imaging AI ROCE % Chart

Perimeter Medical Imaging AI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-174.46

-60.55

-65.85

Perimeter Medical Imaging AI 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															-55.28	-51.82	-88.97	-6.43	-126.66

Perimeter Medical Imaging AI ROCE % Calculation

Perimeter Medical Imaging AI'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 )
	=	-18.638	/	( ( (46.999 - 10.926)	+	(27.558 - 7.027) )	/ 2 )
	=	-18.638	/	( (36.073	+	20.531)	/ 2 )
	=	-18.638	/	28.302
	=	-65.85 %

Perimeter Medical Imaging AI'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 )
	=	-29.412	/	( ( (32.779 - 6.867)	+	(27.558 - 7.027) )	/ 2 )
	=	-29.412	/	( ( 25.912	+	20.531 )	/ 2 )
	=	-29.412	/	23.2215
	=	-126.66 %

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

Perimeter Medical Imaging AI (TSXV:PINK) 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.

Perimeter Medical Imaging AI ROCE % Related Terms

Thank you for viewing the detailed overview of Perimeter Medical Imaging AI's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Perimeter Medical Imaging AI (TSXV:PINK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Perimeter Medical Imaging AI Inc (TSXV:PINK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PYNKF:USA 4PC:Germany

Address

8585 N. Stemmons Freeway, Suite 106N, Dallas, TX, USA, 75247

Website

https://www.perimetermed.com

Perimeter Medical Imaging AI Inc is a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address high unmet medical needs. The company is developing, with plans to commercialize, advanced imaging tools that allow surgeons, radiologists, and pathologists to visualize microscopic tissue structures during a clinical procedure.

Perimeter Medical Imaging AI (TSXV:PINK) Headlines

From GuruFocus

Top 5 4th Quarter Trades of LEE DANNER & BASS INC

By GuruFocus Research GuruFocus Editor • 02-02-2023

LEE DANNER & BASS INC Buys 3, Sells 2 in 3rd Quarter

By GuruFocus Research GuruFocus Editor • 10-31-2022