ALKT (Alkami Technology) ROCE % : -10.07% (As of Sep. 2024)

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What is Alkami Technology 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. Alkami Technology's annualized ROCE % for the quarter that ended in Sep. 2024 was -10.07%.

Alkami Technology ROCE % Historical Data

The historical data trend for Alkami Technology'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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Alkami Technology ROCE % Chart

Alkami Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-121.79

-38.69

-14.39

-12.98

-13.74

Alkami Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-12.50	-11.21	-12.40	-13.33	-10.07

Alkami Technology ROCE % Calculation

Alkami Technology'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 )
	=	-55.485	/	( ( (488.885 - 41.614)	+	(399.825 - 39.43) )	/ 2 )
	=	-55.485	/	( (447.271	+	360.395)	/ 2 )
	=	-55.485	/	403.833
	=	-13.74 %

Alkami Technology's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-37.124	/	( ( (403.857 - 40.52)	+	(422.193 - 48.037) )	/ 2 )
	=	-37.124	/	( ( 363.337	+	374.156 )	/ 2 )
	=	-37.124	/	368.7465
	=	-10.07 %

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

Alkami Technology (NAS:ALKT) 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.

Alkami Technology ROCE % Related Terms

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Alkami Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alkami Technology Inc (NAS:ALKT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5601 Granite Parkway, Suite 120, Plano, TX, USA, 75024

Website

https://www.alkami.com

Alkami Technology Inc is a cloud-based digital banking solutions provider. Alkami Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency with the support of a proprietary, true cloud-based, multi-tenant architecture.

Executives

W Bryan Hill	officer: Chief Financial Officer
Douglas A. Linebarger	officer: Chief Legal Officer	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Stephen Bohanon	officer: Chf. Strategist & Sales Offr.	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Alex Shootman	director, officer: Chief Executive Officer	1301 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
General Atlantic, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Genpar (bermuda), L.p.	director, 10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
S3 Ventures Fund Iii, L.p.	director, 10 percent owner	6300 BRIDGE POINT PARKWAY, BLDG. 1, SUITE 405, AUSTIN TX 78730
George B Kaiser	director, 10 percent owner	C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Maria Ines Alvarez	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Michael D Hansen	director, officer: Chief Executive Officer
Kristy Ramundi	officer: Chief Accounting Officer	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Raphael Osnoss	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Barbara A. Yastine	director	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Gary Lynn Nelson	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
H Eugene Lockhart	director	OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947