Tiny (FRA:I0B) ROCE % : -6.40% (As of Mar. 2024)

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What is Tiny 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. Tiny's annualized ROCE % for the quarter that ended in Mar. 2024 was -6.40%.

Tiny ROCE % Historical Data

The historical data trend for Tiny'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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Tiny ROCE % Chart

Tiny Annual Data

Trend

Dec22

Dec23

ROCE %

12.46

8.39

Tiny Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial				-8.89	90.13	-5.42	-8.66	-6.40

Tiny ROCE % Calculation

Tiny'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 )
	=	13.182	/	( ( (117.256 - 31.989)	+	(268.371 - 39.331) )	/ 2 )
	=	13.182	/	( (85.267	+	229.04)	/ 2 )
	=	13.182	/	157.1535
	=	8.39 %

Tiny'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 )
	=	-14.612	/	( ( (268.371 - 39.331)	+	(262.37 - 35.097) )	/ 2 )
	=	-14.612	/	( ( 229.04	+	227.273 )	/ 2 )
	=	-14.612	/	228.1565
	=	-6.40 %

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

Tiny (FRA:I0B) 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.

Tiny ROCE % Related Terms

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Tiny (FRA:I0B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tiny Ltd (FRA:I0B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TNYZF:USA TINY:Canada

Address

400 - 1152 Mainland Street, Vancouver, BC, CAN, V6B 4X2

Website

https://www.tiny.com

Tiny Ltd operates as a technology holding company with a strategy of acquiring majority stakes in businesses. Tiny has two core business segments, Beam and Dribbble, with other standalone businesses including a private equity investment fund.

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