Brand Engagement Network (Brand Engagement Network) ROCE % : -66.26% (As of Dec. 2023)

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What is Brand Engagement Network 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. Brand Engagement Network's annualized ROCE % for the quarter that ended in Dec. 2023 was -66.26%.

Brand Engagement Network ROCE % Historical Data

The historical data trend for Brand Engagement Network'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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Brand Engagement Network ROCE % Chart

Brand Engagement Network Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-165.66

-538.02

-124.05

Brand Engagement Network Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	-362.83	-	-135.16	-66.26

Brand Engagement Network ROCE % Calculation

Brand Engagement Network'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 )
	=	-11.675	/	( ( (0.626 - 0.666)	+	(22.009 - 3.146) )	/ 2 )
	=	-11.675	/	( (-0.04	+	18.863)	/ 2 )
	=	-11.675	/	9.4115
	=	-124.05 %

Brand Engagement Network'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-11.884	/	( ( (18.835 - 1.828)	+	(22.009 - 3.146) )	/ 2 )
	=	-11.884	/	( ( 17.007	+	18.863 )	/ 2 )
	=	-11.884	/	17.935
	=	-66.26 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Brand Engagement Network (NAS:BNAI) 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.

Brand Engagement Network ROCE % Related Terms

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Brand Engagement Network (Brand Engagement Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Brand Engagement Network Inc (NAS:BNAI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 E. Snow King Avenue, PO Box 1045, Jackson, WY, USA, 83001

Website

https://www.beninc.ai

Brand Engagement Network Inc is an innovative AI platform provider, designed to interface with emerging technologies, including blockchain, the internet of Things, and cloud computing, that drive digital transformation across various industries and provide businesses with an unparalleled competitive edge. BEN offers a suite of configured and customizable applications, including natural language processing, anomaly detection, encryption, recommendation engines, sentiment analysis, image recognition, personalization, and real-time decision-making.

Brand Engagement Network (Brand Engagement Network) Headlines

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