Qbrick AB (NGM:QBRICK) ROCE % : -38.81% (As of Mar. 2024)

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

What is Qbrick AB 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. Qbrick AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -38.81%.

Qbrick AB ROCE % Historical Data

The historical data trend for Qbrick AB'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.

Qbrick AB ROCE % Chart

Qbrick AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-29.06

-0.30

-34.50

-34.21

-39.33

Qbrick AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													-46.47	-49.72	-51.44	-21.23	-38.81

Qbrick AB ROCE % Calculation

Qbrick AB'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 )
	=	-15.974	/	( ( (56.307 - 11.416)	+	(48.756 - 12.409) )	/ 2 )
	=	-15.974	/	( (44.891	+	36.347)	/ 2 )
	=	-15.974	/	40.619
	=	-39.33 %

Qbrick AB'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 )
	=	-13.472	/	( ( (48.756 - 12.409)	+	(43.438 - 10.365) )	/ 2 )
	=	-13.472	/	( ( 36.347	+	33.073 )	/ 2 )
	=	-13.472	/	34.71
	=	-38.81 %

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

Qbrick AB (NGM:QBRICK) 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.

Qbrick AB ROCE % Related Terms

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

Qbrick AB (NGM:QBRICK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Qbrick AB (NGM:QBRICK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Farogatan 33, Kista, SWE, 164 51

Website

https://www.qbrick.com

Qbrick AB is a Swedish company that provides systems for secure streaming media, including streaming of video, audio, and applications over the Internet. It delivers a cloud-based technology platform with which companies and organizations can film, edit, process, store, and distribute live video and pre-recorded videos. It enables companies and organizations to create and manage videos to engage staff, consumers, and customers in a modern way through customer-specific videos such as interactive video shopping.

Qbrick AB (NGM:QBRICK) Headlines

No Headlines