Kindcard (Kindcard) ROCE % : 0.00% (As of Jan. 2024)

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What is Kindcard 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. Kindcard's annualized ROCE % for the quarter that ended in Jan. 2024 was 0.00%.

Kindcard ROCE % Historical Data

The historical data trend for Kindcard'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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Kindcard ROCE % Chart

Kindcard Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

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Kindcard Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Kindcard ROCE % Calculation

Kindcard's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	-0.26	/	( ( (0.286 - 0.79)	+	(0.163 - 0.804) )	/ 2 )
	=	-0.26	/	( (-0.504	+	-0.641)	/ 2 )
	=	-0.26	/	-0.5725
	=	45.41 %

Kindcard's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-0.648	/	( ( (0.179 - 0.757)	+	(0.163 - 0.804) )	/ 2 )
	=	-0.648	/	( ( -0.578	+	-0.641 )	/ 2 )
	=	-0.648	/	-0.6095
	=	0 %

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

Kindcard (OTCPK:KCRD) 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.

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Kindcard (Kindcard) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kindcard Inc (OTCPK:KCRD) » Definitions » ROCE %

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Address

1001 Yamato Road, Suite 100, Boca Raton, FL, USA, 33496

Website

https://www.kindcard.com

Kindcard Inc is the payment platform of the future. It offers a more secure and less expensive way for businesses to accept payment for services or products, rather than using cash, conventional checks or credit cards. It is providing proprietary stored value programs to small and mid-sized entities, chain stores, and other multi-location environments via its host-capture processing system.

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