SpotLite360 IOT Solutions (FRA:87A0) ROCE %: 0.00% (As of Sep. 2023)

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What is SpotLite360 IOT Solutions ROCE %?

SpotLite360 IOT Solutions FRA:87A0 ROCE % is 0.00% as of Sep. 2023.

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. SpotLite360 IOT Solutions's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

SpotLite360 IOT Solutions  (FRA:87A0) 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.

SpotLite360 IOT Solutions ROCE % Related Terms

SpotLite360 IOT Solutions ROCE % Historical Data

* Premium members only.

The historical data trend for SpotLite360 IOT Solutions'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.

SpotLite360 IOT Solutions ROCE % Chart

SpotLite360 IOT Solutions Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
-137.50 -114.74 -324.63

SpotLite360 IOT Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -63.59 -417.74 4,103.23 0.00 0.00

SpotLite360 IOT Solutions ROCE % Calculation

SpotLite360 IOT Solutions'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 )
=-8.033/( ( (5.359 - 0.712) + (2.326 - 2.024) )/ 2 )
=-8.033/( (4.647+0.302)/ 2 )
=-8.033/2.4745
=-324.63 %

SpotLite360 IOT Solutions'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 )
=-0.536/( ( (0.21 - 0.624) + (0.153 - 0.705) )/ 2 )
=-0.536/( ( -0.414 + -0.552 )/ 2 )
=-0.536/-0.483
=0 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
SpotLite360 IOT Solutions (FRA:87A0) has a ROCE % of 0.00% as of Sep. 2023.
Is SpotLite360 IOT Solutions' ROCE % too high?
SpotLite360 IOT Solutions' current ROCE % is 0.00%.
How does SpotLite360 IOT Solutions' ROCE % compare to GEHC and VEEV?
SpotLite360 IOT Solutions' ROCE % of 0.00% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.34. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.34, based on 642 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median ROCE % is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SpotLite360 IOT Solutions's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpotLite360 IOT Solutions stock overvalued right now?
SpotLite360 IOT Solutions (FRA:87A0) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For SpotLite360 IOT Solutions (FRA:87A0), the current ROCE % is 0.00% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SpotLite360 IOT Solutions Business Description

Address 789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
SpotLite360 IOT Solutions Inc is a supply chain and healthcare company focused on the delivery of a SaaS-based supply chain execution and sustainability platform for enterprise customers in the pharmaceutical, healthcare, and agricultural industries. Its Spotlite360 Software meets the customer needs for supply chain execution, tracing, tracking, and sustainability.