Smart Employee Benefits (TSXV:SEB) ROCE % : -118.38% (As of Aug. 2022)

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What is Smart Employee Benefits 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. Smart Employee Benefits's annualized ROCE % for the quarter that ended in Aug. 2022 was -118.38%.

Smart Employee Benefits ROCE % Historical Data

The historical data trend for Smart Employee Benefits'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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Smart Employee Benefits ROCE % Chart

Smart Employee Benefits Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

ROCE %

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-39.19

-226.07

-16.12

Smart Employee Benefits Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
ROCE %	Get a 7-Day Free Trial															3.38	-107.34	-234.36	-228.11	-118.38

Smart Employee Benefits ROCE % Calculation

Smart Employee Benefits's annualized ROCE % for the fiscal year that ended in Nov. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2021 )		(A: Nov. 2020 )		(A: Nov. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2021 )		(A: Nov. 2020 )		(A: Nov. 2021 )
	=	-0.901	/	( ( (37.411 - 28.366)	+	(38.531 - 36.398) )	/ 2 )
	=	-0.901	/	( (9.045	+	2.133)	/ 2 )
	=	-0.901	/	5.589
	=	-16.12 %

Smart Employee Benefits's ROCE % of for the quarter that ended in Aug. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2022 )		(Q: May. 2022 )		(Q: Aug. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2022 )		(Q: May. 2022 )		(Q: Aug. 2022 )
	=	-2.592	/	( ( (37.138 - 34.584)	+	(38.33 - 36.505) )	/ 2 )
	=	-2.592	/	( ( 2.554	+	1.825 )	/ 2 )
	=	-2.592	/	2.1895
	=	-118.38 %

(1) Note: The EBIT data used here is four times the quarterly (Aug. 2022) EBIT data.

Smart Employee Benefits (TSXV:SEB) 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.

Smart Employee Benefits ROCE % Related Terms

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Smart Employee Benefits (TSXV:SEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smart Employee Benefits Inc (TSXV:SEB) » Definitions » ROCE %

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Address

5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7

Website

https://www.seb-inc.com

Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.