Eqonex (Eqonex) ROCE % : -300.89% (As of Mar. 2022)

View and export this data going back to 2020. Start your Free Trial

What is Eqonex 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. Eqonex's annualized ROCE % for the quarter that ended in Mar. 2022 was -300.89%.

Eqonex ROCE % Historical Data

The historical data trend for Eqonex'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.

Eqonex ROCE % Chart

Eqonex Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

ROCE %

-568.35

-2,764.44

-451.83

-210.59

Eqonex Semi-Annual Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22
ROCE %	Get a 7-Day Free Trial			-	-1,436.52	-82.84	-118.94	-300.89

Eqonex ROCE % Calculation

Eqonex's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	-75.897	/	( ( (101.526 - 40.313)	+	(61.277 - 50.408) )	/ 2 )
	=	-75.897	/	( (61.213	+	10.869)	/ 2 )
	=	-75.897	/	36.041
	=	-210.59 %

Eqonex's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2022 )		(Q: Sep. 2021 )		(Q: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2022 )		(Q: Sep. 2021 )		(Q: Mar. 2022 )
	=	-87.332	/	( ( (104.1 - 56.919)	+	(61.277 - 50.408) )	/ 2 )
	=	-87.332	/	( ( 47.181	+	10.869 )	/ 2 )
	=	-87.332	/	29.025
	=	-300.89 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2022) EBIT data.

Eqonex (OTCPK:EQOSQ) 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.

Eqonex ROCE % Related Terms

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

Eqonex (Eqonex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Eqonex Ltd (OTCPK:EQOSQ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Piccadilly, Mayfair, London, GBR, W1J 7NW

Website

https://www.eqonex.com

Eqonex Ltd is a digital assets financial services company focused on delivering a cryptocurrency and digital assets ecosystem. The company offers services related to Exchange and Trading, Capital Markets, Custody, and Asset Management.