Vemanti Group (Vemanti Group) ROC % : -140.28% (As of Mar. 2024)

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What is Vemanti Group 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 %. Vemanti Group's annualized return on capital (ROC %) for the quarter that ended in Mar. 2024 was -140.28%.

As of today (2024-05-21), Vemanti Group's WACC % is -4.52%. Vemanti Group's ROC % is -216.86% (calculated using TTM income statement data). Vemanti Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Vemanti Group ROC % Historical Data

The historical data trend for Vemanti Group'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.

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Vemanti Group ROC % Chart

Vemanti Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROC %

-46.29

-20.29

-433.18

-243.67

-336.00

Vemanti Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROC %	Get a 7-Day Free Trial													-315.04	-257.94	-151.31	-279.62	-140.28

Vemanti Group ROC % Calculation

Vemanti Group'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 )
=	-1.197 * ( 1 - -0.07% )	/	( (0.43	+	0.283)	/ 2 )
=	-1.1978379	/	0.3565
=	-336.00 %

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	))
=	0.806	-	0.199	-	( 0.258	-	max(0, 0.324	-	0.501	+	0.258	))
=	0.43

	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	))
=	0.145	-	0.034	-	( 0.136	-	max(0, 0.317	-	0.145	+	0.136	))
=	0.283

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

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.404 * ( 1 - 0% )	/	( (0.283	+	0.293)	/ 2 )
=	-0.404	/	0.288
=	-140.28 %

where

	Invested Capital		(Q: 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	))
=	0.145	-	0.034	-	( 0.136	-	max(0, 0.317	-	0.145	+	0.136	))
=	0.283

	Invested Capital		(Q: Mar. 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	))
=	0.154	-	0.042	-	( 0.057	-	max(0, 0.335	-	0.154	+	0.057	))
=	0.293

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

Vemanti Group (OTCPK:VMNT) 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, Vemanti Group's WACC % is -4.52%. Vemanti Group's ROC % is -216.86% (calculated using TTM income statement data). Vemanti Group 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.

Vemanti Group ROC % Related Terms

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Vemanti Group (Vemanti Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vemanti Group Inc (OTCPK:VMNT) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7545 Irvine Center Drive, Suite. 200, Irvine, CA, USA, 92618

Website

https://www.vemanti.com

Vemanti Group Inc, through its subsidiaries, provides IP (Internet Protocol) communication needs. The company's network offers availability, coverage, flexibility and enables the following technology solutions: unified communications, data centre services, content delivery, voice over IP (VoIP), and cloud computing. The company also focuses on acquisition and investment in companies that focus on blockchain projects and applications combined with other emerging technologies, including machine learning/AI, security, and the internet of things (IoT).

Executives

Stephen Richard Jones	officer: CFO	256 GREENGLADE AVENUE, WORTHINGTON OH 43085
Tan Tran	director, 10 percent owner, officer: President, CEO, CFO	7545 IRVINE CENTER DR., STE. 200, IRVINE CA 92618
Rachel Boulds Cpa, Pllc	director	6371 S. GLENOAKS STREET, MURRAY UT 84107