INVZ (Innoviz Technologies) ROCE % : -69.18% (As of Dec. 2024)

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What is Innoviz Technologies 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. Innoviz Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was -69.18%.

Innoviz Technologies ROCE % Historical Data

The historical data trend for Innoviz Technologies'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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Innoviz Technologies ROCE % Chart

Innoviz Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-100.02

-87.51

-50.46

-65.48

-71.20

Innoviz Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-65.65	-77.90	-63.61	-81.45	-69.18

Innoviz Technologies ROCE % Calculation

Innoviz Technologies'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 )
	=	-101.918	/	( ( (219.234 - 37.23)	+	(132.049 - 27.77) )	/ 2 )
	=	-101.918	/	( (182.004	+	104.279)	/ 2 )
	=	-101.918	/	143.1415
	=	-71.20 %

Innoviz Technologies'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 )
	=	-76.996	/	( ( (144.37 - 26.056)	+	(132.049 - 27.77) )	/ 2 )
	=	-76.996	/	( ( 118.314	+	104.279 )	/ 2 )
	=	-76.996	/	111.2965
	=	-69.18 %

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

Innoviz Technologies (NAS:INVZ) 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.

Innoviz Technologies ROCE % Related Terms

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Innoviz Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Innoviz Technologies Ltd (NAS:INVZ) » Definitions » ROCE %

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Address

5 Uri Ariav street, Building C, Nitzba 300, Rosh HaAin, ISR, 4809202

Website

https://www.innoviz.tech

Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger cars and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructure, security and mapping.