Faraday Future Intelligent Electric (Faraday Future Intelligent Electric) ROCE % : -81.11% (As of Sep. 2023)

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What is Faraday Future Intelligent Electric 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. Faraday Future Intelligent Electric's annualized ROCE % for the quarter that ended in Sep. 2023 was -81.11%.

Faraday Future Intelligent Electric ROCE % Historical Data

The historical data trend for Faraday Future Intelligent Electric'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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Faraday Future Intelligent Electric ROCE % Chart

Faraday Future Intelligent Electric Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-1,159.68

-135.53

Faraday Future Intelligent Electric Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial								-136.77	-238.48	-179.88	-130.79	-81.11

Faraday Future Intelligent Electric ROCE % Calculation

Faraday Future Intelligent Electric's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-592.738	/	( ( (907.432 - 293.806)	+	(529.288 - 268.245) )	/ 2 )
	=	-592.738	/	( (613.626	+	261.043)	/ 2 )
	=	-592.738	/	437.3345
	=	-135.53 %

Faraday Future Intelligent Electric's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-311.548	/	( ( (567.488 - 187.619)	+	(579.527 - 191.153) )	/ 2 )
	=	-311.548	/	( ( 379.869	+	388.374 )	/ 2 )
	=	-311.548	/	384.1215
	=	-81.11 %

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

Faraday Future Intelligent Electric (NAS:FFIE) 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.

Faraday Future Intelligent Electric ROCE % Related Terms

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Faraday Future Intelligent Electric (Faraday Future Intelligent Electric) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Faraday Future Intelligent Electric Inc (NAS:FFIE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

5VF0:Germany 5VF0:Germany

Address

18455 S. Figueroa Street, Gardena, CA, USA, 90248

Website

https://www.ff.com

Faraday Future Intelligent Electric Inc is a global shared intelligent mobility ecosystem. It is poised to break the boundaries between the Internet, IT, creative, and auto industries with product and service offerings that integrate new energy, AI, Internet, and sharing models. FF 91 is its first production vehicle and flagship model.

Executives

Lev Peker	director	US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Jonathan Maroko	officer: Interim CFO	18455 S. FIGUEROA STREET, GARDENA CA 90248
Li Han	director	18455 S. FIGUEROA STREET, GARDENA CA 90248
Ke Sun	director	18455 S. FIGUEROA STREET, GARDENA CA 90248
Jie Sheng	director	18455 S. FIGUEROA STREET, GARDENA CA 90248
Xuefeng Chen	officer: Global Chief Exec. Officer	C/O FARADAY FUTURE INTELLIGENT ELECTRIC, INC., 18455 S. FIGUEROA STREET, GARDENA CA 90248
Chad Chen	director	C/O FARADAY FUTURE INTELLIGENT ELECTRIC, 18455 S. FIGUEROA STREET, GARDENA CA 90248
Yun Han	officer: CAO & Interim CFO	1449 HAMPTON ROAD, SAN MARINO CA 91108
Xin He	director	32000 AURORA ROAD, SUITE B, SOLON OH 44139
Rebecca A Roof	officer: Interim Chief Financial Office	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Walter Mcbride	officer: Chief Financial Officer	FIRST CONSULTING GROUP, PO BOX 22676, LONG BEACH CA 90801-5676
Kruse Robert A Jr.	officer: Senior VP, Product Execution	18455 S. FIGUEROA STREET, GARDENA CA 90248
Hong Rao	officer: Vice President, I.A.I.	18455 S. FIGUEROA STREET, GARDENA CA 90248
Benedikt Hartmann	officer: Senior VP of Supply Chain	18455 S. FIGUEROA STREET, GARDENA CA 90248
Chui Tin Mok	officer: Exec. VP, Head of User Ecosys.	18455 S. FIGUEROA STREET, GARDENA CA 90248