Marketwise (Marketwise) ROCE % : 358.88% (As of Mar. 2024)

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What is Marketwise 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. Marketwise's annualized ROCE % for the quarter that ended in Mar. 2024 was 358.88%.

Marketwise ROCE % Historical Data

The historical data trend for Marketwise'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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Marketwise ROCE % Chart

Marketwise Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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117.43

210.16

136.54

Marketwise Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													157.95	37.75	51.53	23.07	358.88

Marketwise ROCE % Calculation

Marketwise'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 )
	=	54.388	/	( ( (442.508 - 385.506)	+	(396.555 - 373.893) )	/ 2 )
	=	54.388	/	( (57.002	+	22.662)	/ 2 )
	=	54.388	/	39.832
	=	136.54 %

Marketwise'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 )
	=	86.22	/	( ( (396.555 - 373.893)	+	(359.29 - 333.903) )	/ 2 )
	=	86.22	/	( ( 22.662	+	25.387 )	/ 2 )
	=	86.22	/	24.0245
	=	358.88 %

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

Marketwise (NAS:MKTWW) 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.

Marketwise ROCE % Related Terms

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Marketwise (Marketwise) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marketwise Inc (NAS:MKTWW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MKTW:USA

Address

1125 N. Charles Street, Baltimore, MD, USA, 21201

Website

https://corporate.marketwise.com

Marketwise Inc is a multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. Its products are built for high-value financial research, education, actionable investment ideas, and investment software. It is a digital, direct-to-consumer company offering its research across a variety of platforms including mobile, desktops, and tablets.