ATVK (Ameritek Ventures) ROCE % : 25.84% (As of Sep. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Ameritek Ventures 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. Ameritek Ventures's annualized ROCE % for the quarter that ended in Sep. 2024 was 25.84%.

Ameritek Ventures ROCE % Historical Data

The historical data trend for Ameritek Ventures'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.

* Premium members only.

Ameritek Ventures ROCE % Chart

Ameritek Ventures Annual Data

Trend

May11

May12

May13

May14

May15

May16

May17

May18

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-31.40

43.84

6.13

Ameritek Ventures Quarterly Data
	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-0.22	19.72	11.65	7.87	25.84

Ameritek Ventures ROCE % Calculation

Ameritek Ventures'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 )
	=	0.127	/	( ( (4.08 - 2.025)	+	(3.795 - 1.706) )	/ 2 )
	=	0.127	/	( (2.055	+	2.089)	/ 2 )
	=	0.127	/	2.072
	=	6.13 %

Ameritek Ventures'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 )
	=	0.532	/	( ( (3.699 - 1.498)	+	(3.765 - 1.849) )	/ 2 )
	=	0.532	/	( ( 2.201	+	1.916 )	/ 2 )
	=	0.532	/	2.0585
	=	25.84 %

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

Ameritek Ventures (OTCPK:ATVK) 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.

Ameritek Ventures ROCE % Related Terms

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

Ameritek Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ameritek Ventures (OTCPK:ATVK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 North Milwaukee Avenue, Suite G1, Wheeling, IL, USA, 60090

Website

https://www.ameritekventures.com

Ameritek Ventures is a group of companies that provides various software and hardware products and services beneficial to businesses, organizations, and governments. The company have an established presence in the warehouse solutions market. With Interactive Systems, Inc. The company provides software inventory management and with interlinkONE, Inc. the company provide SaaS cloud-based solutions for warehouse and inventory fulfillment. The Firm manufactures and innovates advanced technological developments in the medical industry, such as the DittoMask high-filtration mask. The company also develops blockchain technology software programs under WebBeeO and CordTell companies.

Executives

Shaun Passley

officer: Chairman, CEO and CFO

201 W. LAKE ST. 135, CH IL 60606