ONEI (OneMeta) ROC % : -490.34% (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is OneMeta ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. OneMeta's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was -490.34%.

As of today (2024-12-11), OneMeta's WACC % is 8.52%. OneMeta's ROC % is -670.88% (calculated using TTM income statement data). OneMeta earns returns that do not match up to its cost of capital. It will destroy value as it grows.

OneMeta ROC % Historical Data

The historical data trend for OneMeta's ROC % 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.

OneMeta ROC % Chart

OneMeta Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec22

Dec23

ROC %

Get a 7-Day Free Trial

-1,298.43

-158.40

-44.95

-123.41

-712.43

OneMeta Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROC %	Get a 7-Day Free Trial															-	-639.64	-1,617.39	-912.92	-490.34

OneMeta ROC % Calculation

OneMeta's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

	ROC % (A: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2022 )	+	Invested Capital (A: Dec. 2023 ))	/ count )
=	-5.418 * ( 1 - 0% )	/	( (1.299	+	0.222)	/ 2 )
=	-5.418	/	0.7605
=	-712.43 %

where

	Invested Capital		(A: Dec. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1.478	-	0.82	-	( 0.401	-	max(0, 1.042	-	0.401	+	0.401	))
=	1.299

	Invested Capital		(A: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1.144	-	0.804	-	( 1.13	-	max(0, 1.026	-	1.144	+	1.13	))
=	0.222

OneMeta's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-3.604 * ( 1 - 0% )	/	( (0.683	+	0.787)	/ 2 )
=	-3.604	/	0.735
=	-490.34 %

where

	Invested Capital		(Q: Jun. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.339	-	0.861	-	( 0.323	-	max(0, 1.544	-	0.339	+	0.323	))
=	0.683

	Invested Capital		(Q: Sep. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.047	-	1.078	-	( 0.024	-	max(0, 1.865	-	0.047	+	0.024	))
=	0.787

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

OneMeta (OTCPK:ONEI) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, OneMeta's WACC % is 8.52%. OneMeta's ROC % is -670.88% (calculated using TTM income statement data). OneMeta earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

OneMeta ROC % Related Terms

Thank you for viewing the detailed overview of OneMeta's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.

OneMeta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneMeta Inc (OTCPK:ONEI) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 South 400 East, Suite 200, Bountiful, UT, USA, 84010

Website

https://www.onemeta.ai

OneMeta Inc operates to develop artificial intelligence products that enable companies and individuals to reach their highest potential by eliminating language barriers in daily communications by providing high-quality, accurate, and efficient interpretation and translation services using natural language processing (NLP) technology. The company's focus is on developing a proprietary architecture that is faster and more accurate than any other company, with a commitment to providing superior quality services to its customers. It intends to serve a wide variety of markets and customers and will be focused on becoming a leader in the creation of pragmatic products for the interpretation and translation industry.