Bogio Technologies AB (publ) (XSAT:BOGIO) ROCE % : -45.11% (As of Sep. 2023)

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What is Bogio Technologies AB (publ) 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. Bogio Technologies AB (publ)'s annualized ROCE % for the quarter that ended in Sep. 2023 was -45.11%.

Bogio Technologies AB (publ) ROCE % Historical Data

The historical data trend for Bogio Technologies AB (publ)'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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Bogio Technologies AB (publ) ROCE % Chart

Bogio Technologies AB (publ) Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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13.79

-7.91

-0.11

27.57

20.95

Bogio Technologies AB (publ) Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															27.16	49.47	-0.50	8.93	-45.11

Bogio Technologies AB (publ) ROCE % Calculation

Bogio Technologies AB (publ)'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 )
	=	1.071	/	( ( (11.33 - 6.738)	+	(11.973 - 6.339) )	/ 2 )
	=	1.071	/	( (4.592	+	5.634)	/ 2 )
	=	1.071	/	5.113
	=	20.95 %

Bogio Technologies AB (publ)'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 )
	=	-2.456	/	( ( (9.489 - 3.737)	+	(8.519 - 3.381) )	/ 2 )
	=	-2.456	/	( ( 5.752	+	5.138 )	/ 2 )
	=	-2.456	/	5.445
	=	-45.11 %

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

Bogio Technologies AB (publ) (XSAT:BOGIO) 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.

Bogio Technologies AB (publ) ROCE % Related Terms

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Bogio Technologies AB (publ) (XSAT:BOGIO) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Bogio Technologies AB (publ) (XSAT:BOGIO) » Definitions » ROCE %

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N/A

Address

Birger Jarlsgatan 18, Stockholm, SWE, 114 34

Website

https://www.jojka.nu

Bogio Technologies AB (publ) Formerly Jojka Communications AB develops and offers computer software. It offers software that makes Internet data available to mobile devices and compresses the data for transfer. The company software has the following features namely Mass SMS, Automatic landing code, Works for both iOS and Android, Posting Scheduling, Humility to send personalized messages, etc.

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