Akoustis Technologies (FRA:AVH) ROCE % : 0.00% (As of Sep. 2024)

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What is Akoustis 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. Akoustis Technologies's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Akoustis Technologies ROCE % Historical Data

The historical data trend for Akoustis 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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Akoustis Technologies ROCE % Chart

Akoustis Technologies Annual Data

Trend

Jun15

Mar16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-58.55

-41.61

-48.38

-44.89

-285.30

Akoustis Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-71.99	-56.89	-99.56	-1,230.32	-

Akoustis Technologies ROCE % Calculation

Akoustis Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-153.551	/	( ( (137.45 - 16.218)	+	(64.789 - 78.379) )	/ 2 )
	=	-153.551	/	( (121.232	+	-13.59)	/ 2 )
	=	-153.551	/	53.821
	=	-285.30 %

Akoustis Technologies'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 )
	=	-19.232	/	( ( (64.789 - 78.379)	+	(51.691 - 72.157) )	/ 2 )
	=	-19.232	/	( ( -13.59	+	-20.466 )	/ 2 )
	=	-19.232	/	-17.028
	=	0 %

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

Akoustis Technologies (FRA:AVH) 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.

Akoustis Technologies ROCE % Related Terms

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Akoustis Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Akoustis Technologies Inc (FRA:AVH) » Definitions » ROCE %

Comparable Companies

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AKTS:USA AVH:Germany

Address

9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078

Website

https://www.akoustis.com

Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.

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