Balance Labs (Balance Labs) ROCE % : 0.00% (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Balance Labs 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. Balance Labs's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Balance Labs ROCE % Historical Data

The historical data trend for Balance Labs'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.

Balance Labs ROCE % Chart

Balance Labs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

Balance Labs Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Balance Labs ROCE % Calculation

Balance Labs'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 )
	=	-0.157	/	( ( (0.429 - 4.11)	+	(0.221 - 4.764) )	/ 2 )
	=	-0.157	/	( (-3.681	+	-4.543)	/ 2 )
	=	-0.157	/	-4.112
	=	3.82 %

Balance Labs's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.24	/	( ( (0.221 - 4.764)	+	(0.189 - 4.849) )	/ 2 )
	=	-0.24	/	( ( -4.543	+	-4.66 )	/ 2 )
	=	-0.24	/	-4.6015
	=	0 %

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

Balance Labs (OTCPK:BLNC) 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.

Balance Labs ROCE % Related Terms

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

Balance Labs (Balance Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Balance Labs Inc (OTCPK:BLNC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

407 Lincoln Road, Suite 701, Miami Beach, FL, USA, 33139

Website

https://www.balancelabs.co

Balance Labs Inc is a United States-based company that is engaged in providing business development and consulting services to start-up and development-stage businesses. It offers services to help businesses in various industries with customized consulting services to meet business needs and aid in improving its business models, sales, marketing plans, and internal operations, as well as it also introduces the businesses to experienced professional contacts for the success of these businesses. It leverages its knowledge in developing businesses with entrepreneurs and startup company management whereby it creates a customized plan to overcome obstacles so it can focus on marketing products and services to potential customers.

Balance Labs (Balance Labs) Headlines

No Headlines