Tiny (FRA:I0B) ROCE % : -6.12% (As of Sep. 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 Sep. 2024 was -6.12%.

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	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial						-5.42	-8.66	-6.40	-4.86	-6.12

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 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 )
	=	-13.12	/	( ( (261.106 - 41.004)	+	(249.076 - 40.208) )	/ 2 )
	=	-13.12	/	( ( 220.102	+	208.868 )	/ 2 )
	=	-13.12	/	214.485
	=	-6.12 %

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

2900 - 550 Burrard Street, Vancouver, BC, CAN, V6C 0A3

Website

https://www.tiny.com

Tiny Ltd operates as a technology holding company which acquires majority stakes in businesses. Its investments are predominantly internet and technology-focused, but it also owns businesses in other industries. The company's reportable segments are; Digital Services, Creative Platform, Software, and Apps. Geographically, it generates key revenue from the United States followed by Europe, Canada, Asia, Australasia, and other regions.

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