EXOD (Exodus Movement) ROCE % : 0.63% (As of Sep. 2024)

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What is Exodus Movement 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. Exodus Movement's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.63%.

Exodus Movement ROCE % Historical Data

The historical data trend for Exodus Movement'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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Exodus Movement ROCE % Chart

Exodus Movement Annual Data

Trend

ROCE %

Exodus Movement Quarterly Data
	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	125.04	4.77	0.63

Exodus Movement ROCE % Calculation

Exodus Movement's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Exodus Movement's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1.272	/	( ( (211.624 - 9.146)	+	(211.649 - 9.441) )	/ 2 )
	=	1.272	/	( ( 202.478	+	202.208 )	/ 2 )
	=	1.272	/	202.343
	=	0.63 %

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

Exodus Movement (AMEX:EXOD) 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.

Exodus Movement ROCE % Related Terms

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Exodus Movement Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exodus Movement Inc (AMEX:EXOD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15418 Weir Street, Suite 333, Omaha, NE, USA, 68137

Website

https://www.exodus.com

Exodus Movement Inc is a self-custodial platform that connects people with the world of decentralized finance and the power of the blockchain. Available for desktop and mobile, it allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum. Geographical presence in Europe, United States, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America (Other Americas).