ODTC (Odonate) ROCE %: 0.00% (As of Dec. 2023)


ODTC Odonate Inc ODTC
33 GF Score
Price $150,000.00
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What is Odonate ROCE %?

Odonate ODTC 33 ROCE % is 0.00% as of Dec. 2023. GuruFocus rates ODTC with a GF Score™ of 33/100.

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. Odonate's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Odonate  (OTCPK:ODTC) 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.

Odonate ROCE % Related Terms

Odonate ROCE % Historical Data

* Premium members only.

The historical data trend for Odonate'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.

Odonate ROCE % Chart

Odonate Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only -79.67 -83.60 -67.15 -4.71 -0.77

Odonate Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Sep22 Dec22 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -68.21 8.10 -11.81 -1.74 0.00
ODTC
33GF Score
Odonate Inc ODTC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Odonate ROCE % Calculation

Odonate'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 )
=-0.817/( ( (103.732 - 0.584) + (110.453 - 0.511) )/ 2 )
=-0.817/( (103.148+109.942)/ 2 )
=-0.817/106.545
=-0.77 %

Odonate's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=0/( ( (103.732 - 0.584) + (110.453 - 0.511) )/ 2 )
=0/( ( 103.148 + 109.942 )/ 2 )
=0/106.545
=0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Odonate (ODTC) has a ROCE % of 0.00% as of Dec. 2023.
Is Odonate's ROCE % too high?
Odonate's current ROCE % is 0.00%. Overall, Odonate has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Odonate's ROCE % compare to ORTX and SLDB?
Odonate's ROCE % of 0.00% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Odonate's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odonate stock overvalued right now?
Odonate (ODTC) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Odonate's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Odonate (ODTC), the current ROCE % is 0.00% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Odonate Business Description

Address 3 East 28th Street, 10th Floor, New York, NY, USA, 10016
Odonate Inc is a Shell company.
33GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$150,000.00
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