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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. Grindr's annualized ROCE % for the quarter that ended in Dec. 2024 was -118.38%.
The historical data trend for Grindr'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.
Grindr Annual Data | |||||||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
ROCE % | Get a 7-Day Free Trial | - | 5.94 | 7.91 | -1.51 | -23.31 |
Grindr Quarterly Data | ||||||||||||||||
Dec19 | Dec20 | Jun21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
ROCE % | Get a 7-Day Free Trial |
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-34.63 | 0.48 | -11.51 | 38.19 | -118.38 |
Grindr's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | -92.674 | / | ( ( (444.595 - 60.641) | + | (479.09 - 67.809) ) | / 2 ) | |
= | -92.674 | / | ( (383.954 | + | 411.281) | / 2 ) | |
= | -92.674 | / | 397.6175 | ||||
= | -23.31 % |
Grindr's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Dec. 2024 ) | (Q: Sep. 2024 ) | (Q: Dec. 2024 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Dec. 2024 ) | (Q: Sep. 2024 ) | (Q: Dec. 2024 ) | |||||
= | -476.068 | / | ( ( (456.345 - 63.348) | + | (479.09 - 67.809) ) | / 2 ) | |
= | -476.068 | / | ( ( 392.997 | + | 411.281 ) | / 2 ) | |
= | -476.068 | / | 402.139 | ||||
= | -118.38 % |
(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.
* 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.
Grindr (NYSE:GRND) 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.
Thank you for viewing the detailed overview of Grindr's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nathan Richardson | director | 8001 AERIAL CENTER PARKWAY, MORRISVILLE NC 27560 |
Austin J Balance | officer: Chief Product Officer | 750 N SAN VICENTE BLVD STE RE1400, WEST HOLLYWOOD CA 90069 |
Lu James Fu Bin | director, 10 percent owner | C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408 |
Vandana Mehta-krantz | officer: Chief Financial Officer | SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445 |
Kye Chen | officer: Chief Accounting Officer | C/O GRINDR INC., 750 N. SAN VICENTE BLVD., SUITE RE 1400, WEST HOLLYWOOD CA 90069 |
George Arison | director, officer: Chief Executive Officer | 3727 LA DONNA AVENUE, PALO ALTO CA 94306 |
Zage George Raymond Iii | director, 10 percent owner | C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04 |
Daniel Brooks Baer | director | 1443 Q STREET NW, WASHINGTON DC 20009 |
Ben Falloon | other: Former Director of Grindr Inc. | C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315 |
Carman Wong | other: Former Director of Grindr Inc. | C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315 |
Ashish Gupta | other: Former Director of Grindr Inc. | C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315 |
David Christopher Ryan | other: Former Director of Grindr Inc. | C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401 |
Meghan Stabler | director | 4502 HARVEY PENICK DR, ROUND ROCK TX 78664 |
Gary I. Horowitz | director | 350 WEST 23RD STREET, APT 6A, NEW YORK NY 10011 |
Maggie Lower | director | 5822 NORTH WINTHROP AVENUE, CHICAGO IL 60660 |
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