Vinanz (AQSE:BTC) ROCE % : 33.72% (As of Feb. 2024)

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What is Vinanz 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. Vinanz's annualized ROCE % for the quarter that ended in Feb. 2024 was 33.72%.

Vinanz ROCE % Historical Data

The historical data trend for Vinanz'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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Vinanz ROCE % Chart

Vinanz Annual Data

Trend

Aug22

Aug23

ROCE %

-939.33

Vinanz Semi-Annual Data
	Aug22	Feb23	Aug23	Feb24
ROCE %	-	-	-875.17	33.72

Vinanz ROCE % Calculation

Vinanz's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	-2.508	/	( ( (0.02 - 0.058)	+	(0.647 - 0.075) )	/ 2 )
	=	-2.508	/	( (-0.038	+	0.572)	/ 2 )
	=	-2.508	/	0.267
	=	-939.33 %

Vinanz's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Aug. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Aug. 2023 )		(Q: Feb. 2024 )
	=	0.35	/	( ( (0.647 - 0.075)	+	(1.571 - 0.067) )	/ 2 )
	=	0.35	/	( ( 0.572	+	1.504 )	/ 2 )
	=	0.35	/	1.038
	=	33.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 2024) EBIT data.

Vinanz (AQSE:BTC) 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.

Vinanz ROCE % Related Terms

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Vinanz Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vinanz Ltd (AQSE:BTC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VINZF:USA BTC:UK

Address

Wichhams Cay II, Vistra Corporate Services Centre, Tortola, Road Town, VGB, VG 1110

Website

https://www.vinanz.co.uk

Vinanz Ltd operates as a Bitcoin mining company initially focusing on installing clusters of Bitcoin miners within multiple facilities throughout the US and Canada through third-party cryptocurrency mining providers. The company focuses on the development of BTC cryptocurrency mining operations and an emerging class of powerful decentralised finance DeFI technologies. Together, cryptocurrencies and decentralised protocol technologies interoperate to create global decentralised financial services platforms. These platforms continue to enjoy rapid growth and are augmenting or replacing capabilities typically associated with traditional finance.