Digimarc (FRA:3J0) ROCE % : -54.91% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Digimarc 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. Digimarc's annualized ROCE % for the quarter that ended in Mar. 2024 was -54.91%.

Digimarc ROCE % Historical Data

The historical data trend for Digimarc'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.

Digimarc ROCE % Chart

Digimarc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-62.42

-45.53

-57.69

-77.46

-54.90

Digimarc Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-59.83	-49.28	-56.09	-60.78	-54.91

Digimarc ROCE % Calculation

Digimarc'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 )
	=	-43.977	/	( ( (107.405 - 9.566)	+	(73.866 - 11.485) )	/ 2 )
	=	-43.977	/	( (97.839	+	62.381)	/ 2 )
	=	-43.977	/	80.11
	=	-54.90 %

Digimarc's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-39.952	/	( ( (73.866 - 11.485)	+	(91.741 - 8.608) )	/ 2 )
	=	-39.952	/	( ( 62.381	+	83.133 )	/ 2 )
	=	-39.952	/	72.757
	=	-54.91 %

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

Digimarc (FRA:3J0) 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.

Digimarc ROCE % Related Terms

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

Digimarc (FRA:3J0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digimarc Corp (FRA:3J0) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DMRC:USA

Address

8500 SW Creekside Place, Beaverton, OR, USA, 97008

Website

https://www.digimarc.com

Digimarc Corp provides automatic identification solutions to commercial and government customers and license technology and patented inventions to solution providers. Its Digimarc Platform applies a unique identities to virtually all media objects including product packaging, commercial print, audio and video that can be automatically identified by an enabled ecosystem of industrial scanners, smartphones and other interfaces. The company generates revenue through commercial and government applications of its technology. The company derives its revenue primarily from software development services, subscriptions for products and related services, and licensing of patents.

Digimarc (FRA:3J0) Headlines

No Headlines