Crunchfish AB (Crunchfish AB) ROCE % : -243.89% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Crunchfish AB 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. Crunchfish AB's annualized ROCE % for the quarter that ended in Dec. 2023 was -243.89%.

Crunchfish AB ROCE % Historical Data

The historical data trend for Crunchfish AB'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.

Crunchfish AB ROCE % Chart

Crunchfish AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-60.58

-74.01

-78.03

-39.20

-88.34

Crunchfish AB 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															-75.30	-48.60	-70.81	-67.23	-243.89

Crunchfish AB ROCE % Calculation

Crunchfish AB'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 )
	=	-4.793	/	( ( (6.407 - 0.744)	+	(5.997 - 0.809) )	/ 2 )
	=	-4.793	/	( (5.663	+	5.188)	/ 2 )
	=	-4.793	/	5.4255
	=	-88.34 %

Crunchfish AB'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 )
	=	-10.452	/	( ( (4.836 - 1.453)	+	(5.997 - 0.809) )	/ 2 )
	=	-10.452	/	( ( 3.383	+	5.188 )	/ 2 )
	=	-10.452	/	4.2855
	=	-243.89 %

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

Crunchfish AB (OTCPK:CUFHF) 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.

Crunchfish AB ROCE % Related Terms

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

Crunchfish AB (Crunchfish AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Crunchfish AB (OTCPK:CUFHF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CFISH:Sweden 1DA:Germany

Address

Stora Varvsgatan 6A, Malmo, SWE, 211 19

Website

http://www.crunchfish.com

Crunchfish AB is a technical pioneer in digital payment with a patent-pending Digital Cash solution that uses a two-step payment process, first clearing offline followed by online settlement. This makes digital payment robust and independent of the network. Crunchfish digital cash wallet is exceptionally flexible and can be used with all types of payment solutions. It delivers the properties of cash, such as immediate clearing, offline payments and preservation of the payer's integrity, without requiring any changes to the central or commercial banking infrastructures. The company has also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and has a patent-pending solution to reduce food waste.