GetSwift Technologies (FRA:8DQ) ROCE % : -49.37% (As of Mar. 2021)

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What is GetSwift Technologies 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. GetSwift Technologies's annualized ROCE % for the quarter that ended in Mar. 2021 was -49.37%.

GetSwift Technologies ROCE % Historical Data

The historical data trend for GetSwift Technologies'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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GetSwift Technologies ROCE % Chart

GetSwift Technologies Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

ROCE %

-17.78

-22.06

-23.14

-48.17

GetSwift Technologies Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21
ROCE %	Get a 7-Day Free Trial											-	18.85	-157.30	-	-49.37

GetSwift Technologies ROCE % Calculation

GetSwift Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2020 )		(A: Jun. 2019 )		(A: Jun. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2020 )		(A: Jun. 2019 )		(A: Jun. 2020 )
	=	-18.877	/	( ( (48.741 - 2.851)	+	(46.345 - 13.859) )	/ 2 )
	=	-18.877	/	( (45.89	+	32.486)	/ 2 )
	=	-18.877	/	39.188
	=	-48.17 %

GetSwift Technologies's ROCE % of for the quarter that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2021 )		(Q: Sep. 2020 )		(Q: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2021 )		(Q: Sep. 2020 )		(Q: Mar. 2021 )
	=	-10.396	/	( ( (0 - 0)	+	(27.65 - 6.593) )	/ 1 )
	=	-10.396	/	( ( 0	+	21.057 )	/ 1 )
	=	-10.396	/	21.057
	=	-49.37 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2021) EBIT data.

GetSwift Technologies (FRA:8DQ) 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.

GetSwift Technologies ROCE % Related Terms

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GetSwift Technologies (FRA:8DQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GetSwift Technologies Ltd (FRA:8DQ) » Definitions » ROCE %

Comparable Companies

TSXV:ID XSAT:JOJK XCNQ:PLNK ASX:AO1 WAR:ITL WAR:MAD XCNQ:PPK OCSE:NEXCOM TSXV:NPA XCNQ:PUSH

Traded in Other Exchanges

N/A

Address

1185 6th Avenue, New York, NY, USA, 10036

Website

https://www.getswift.co

GetSwift Technologies Ltd is a technology and services company that offers a suite of software, products, and services through its operating subsidiaries, which are focused on business and logistics and automation, data management and analysis, communications, information security, and infrastructure optimization and also includes e-commerce and marketplace ordering, workforce management, data analytics and augmentation, business intelligence, route optimization, cash management, task management shift management, asset tracking, real-time alerts, cloud communications, and communications infrastructure services and products through consulting, design, construction, and maintenance.

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