Advantex Marketing International (Advantex Marketing International) ROCE % : 0.00% (As of Dec. 2023)

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What is Advantex Marketing International 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. Advantex Marketing International's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Advantex Marketing International ROCE % Historical Data

The historical data trend for Advantex Marketing International'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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Advantex Marketing International ROCE % Chart

Advantex Marketing International Annual Data

Trend

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ROCE %

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Advantex Marketing International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Advantex Marketing International ROCE % Calculation

Advantex Marketing International's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-0.072	/	( ( (2.757 - 5.403)	+	(4.568 - 7.258) )	/ 2 )
	=	-0.072	/	( (-2.646	+	-2.69)	/ 2 )
	=	-0.072	/	-2.668
	=	2.70 %

Advantex Marketing International's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	0.616	/	( ( (4.671 - 7.525)	+	(4.375 - 7.107) )	/ 2 )
	=	0.616	/	( ( -2.854	+	-2.732 )	/ 2 )
	=	0.616	/	-2.793
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Advantex Marketing International (OTCPK:ATXMF) 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.

Advantex Marketing International ROCE % Related Terms

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Advantex Marketing International (Advantex Marketing International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Advantex Marketing International Inc (OTCPK:ATXMF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ADX:Canada

Address

100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5

Website

https://www.advantex.com

Advantex Marketing International Inc is a Canada-based company operating in the marketing services industry. The reportable segments include the Merchant Cash Advance (MCA) program, and the Aeroplan program.

Advantex Marketing International (Advantex Marketing International) Headlines

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