GOAI (Eva Live) ROCE % : -1,775.85% (As of Sep. 2024)

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What is Eva Live 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. Eva Live's annualized ROCE % for the quarter that ended in Sep. 2024 was -1,775.85%.

Eva Live ROCE % Historical Data

The historical data trend for Eva Live'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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Eva Live ROCE % Chart

Eva Live Annual Data

Trend

Dec22

Dec23

ROCE %

-294.37

-454.51

Eva Live Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial				124.52	-1,568.44	37.17	-64.03	-1,775.85

Eva Live ROCE % Calculation

Eva Live'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 )
	=	-6.045	/	( ( (2.453 - 1.742)	+	(4.078 - 2.129) )	/ 2 )
	=	-6.045	/	( (0.711	+	1.949)	/ 2 )
	=	-6.045	/	1.33
	=	-454.51 %

Eva Live'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 )
	=	-22.056	/	( ( (4.597 - 2.314)	+	(2.697 - 2.496) )	/ 2 )
	=	-22.056	/	( ( 2.283	+	0.201 )	/ 2 )
	=	-22.056	/	1.242
	=	-1,775.85 %

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

Eva Live (OTCPK:GOAI) 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.

Eva Live ROCE % Related Terms

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Eva Live Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Eva Live Inc (OTCPK:GOAI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1800 Century Park East, Suite 600, The Plaza, Los Angeles, CA, USA, 90067

Website

https://www.eva.live

Eva Live Inc is a United States-based technology company that has developed an automated and intelligent advertiser campaign management platform, Eva Platform enables advertisers ('customers, clients') to buy advertising space on several digital channels to reach their desired audience. The Company also deals with Businesses that utilizes their in house digital marketing capabilities, including advice, creative services, account management, production of advertising material, media planning, and buying.