GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » INEO Tech Corp (OTCPK:INEOF) » Definitions » ROCE %

INEOF (INEO Tech) ROCE % : 0.00% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

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


INEO Tech ROCE % Historical Data

The historical data trend for INEO Tech'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.

* Premium members only.

INEO Tech ROCE % Chart

INEO Tech Annual Data
Trend May11 May12 May17 May18 May19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -736.54 -62.54 -78.57 -158.14 -447.32

INEO Tech Quarterly Data
Nov19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -200.29 -254.46 -471.52 -2,553.01 -

INEO Tech ROCE % Calculation

INEO Tech'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 )
=-2.042/( ( (1.942 - 0.773) + (1.394 - 1.65) )/ 2 )
=-2.042/( (1.169+-0.256)/ 2 )
=-2.042/0.4565
=-447.32 %

INEO Tech'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 )
=-1.732/( ( (1.394 - 1.65) + (1.529 - 1.755) )/ 2 )
=-1.732/( ( -0.256 + -0.226 )/ 2 )
=-1.732/-0.241
=0 %

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


INEO Tech  (OTCPK:INEOF) 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.


INEO Tech ROCE % Related Terms

Thank you for viewing the detailed overview of INEO Tech's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


INEO Tech Business Description

Traded in Other Exchanges
Address
No 105 - 19130 24th Avenue, Surrey, BC, CAN, V3Z 3S9
INEO Tech Corp is engaged in operating of the INEO Media Network for retailers, which provides retail analytics and targeted advertising through its cloud-based IoT (Internet of Things) and AI (Artificial Intelligence) technology. The Company operates the INEO Media Network using a SaaS-based model for retail stores. The operating segments of the company are Loss Prevention, Fabrication, Retail Media, and other.