KwikClick (KwikClick) ROCE % : 0.00% (As of Mar. 2024)

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

KwikClick ROCE % Historical Data

The historical data trend for KwikClick'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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KwikClick ROCE % Chart

KwikClick Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-4,601.94

KwikClick Quarterly Data
	Mar99	Jun99	Sep99	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											-985.06	-	-	-	-

KwikClick ROCE % Calculation

KwikClick'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 )
	=	-3.828	/	( ( (1.222 - 0.73)	+	(1.556 - 2.82) )	/ 2 )
	=	-3.828	/	( (0.492	+	-1.264)	/ 2 )
	=	-3.828	/	-0.386
	=	991.71 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-2.756	/	( ( (1.556 - 2.82)	+	(1.481 - 3.085) )	/ 2 )
	=	-2.756	/	( ( -1.264	+	-1.604 )	/ 2 )
	=	-2.756	/	-1.434
	=	0 %

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

KwikClick (OTCPK:KWIK) 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.

KwikClick ROCE % Related Terms

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KwikClick (KwikClick) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

585 West 500 South, Suite 130, Bountiful, UT, USA, 84010

Website

https://www.kwikclick.com

KwikClick Inc is a SaaS (software as a service) platform developed to connect sellers with buyers (participants) while merging the benefits of social media marketing with the intense power of individual affiliate marketing typically associated only with network marketing organizations. Its app allows participants to be compensated for all sales that occur as a result of referring any product or service, participants wish to promote actively or passively as participants correspond socially, through mobile devices or online.

Executives

David Hunt

director

66 EXCHANGE PL, STE 201, SALT LAKE CITY UT 84111