Spark Technology AS (OCSE:SPARK) ROCE % : -34.12% (As of Jun. 2024)

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What is Spark Technology AS 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. Spark Technology AS's annualized ROCE % for the quarter that ended in Jun. 2024 was -34.12%.

Spark Technology AS ROCE % Historical Data

The historical data trend for Spark Technology AS'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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Spark Technology AS ROCE % Chart

Spark Technology AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-90.28

-165.33

-1.79

-44.86

-15.62

Spark Technology AS Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial											-22.71	-38.12	-33.99	8.90	-34.12

Spark Technology AS ROCE % Calculation

Spark Technology AS'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 )
	=	-24.274	/	( ( (277.902 - 91.006)	+	(173.808 - 49.85) )	/ 2 )
	=	-24.274	/	( (186.896	+	123.958)	/ 2 )
	=	-24.274	/	155.427
	=	-15.62 %

Spark Technology AS's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-40.042	/	( ( (173.808 - 49.85)	+	(156.92 - 46.161) )	/ 2 )
	=	-40.042	/	( ( 123.958	+	110.759 )	/ 2 )
	=	-40.042	/	117.3585
	=	-34.12 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Spark Technology AS (OCSE:SPARK) 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.

Spark Technology AS ROCE % Related Terms

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Spark Technology AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Spark Technology AS (OCSE:SPARK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

H 76, 4, Copenhagen S, DNK, 2300

Website

https://www.spenn.com

Spark Technology AS formerly Spenn Technology A/S is a a FinTech group providing electronic banking and payments services. The group's two primary solutions are the SPENN platform, a Software as a Service (SaaS) core banking platform and Kazang Zambia, its vendor terminal payments processor. The Company generated majority of its revenue from a solution as a part of the SPENN platform Kazang Zambia.

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