AppSpotr AB (OSTO:APTR) ROCE % : -593.75% (As of Mar. 2024)

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What is AppSpotr 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. AppSpotr AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -593.75%.

AppSpotr AB ROCE % Historical Data

The historical data trend for AppSpotr 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.

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AppSpotr AB ROCE % Chart

AppSpotr AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

ROCE %

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-212.39

-240.79

-118.11

-109.90

-103.01

AppSpotr AB Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-218.00	-322.18	-654.35	-242.24	-593.75

AppSpotr AB ROCE % Calculation

AppSpotr AB's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-25.342	/	( ( (44.677 - 8.14)	+	(17.911 - 5.243) )	/ 2 )
	=	-25.342	/	( (36.537	+	12.668)	/ 2 )
	=	-25.342	/	24.6025
	=	-103.01 %

AppSpotr 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 )
	=	-6.748	/	( ( (6.172 - 4.13)	+	(4.361 - 4.13) )	/ 2 )
	=	-6.748	/	( ( 2.042	+	0.231 )	/ 2 )
	=	-6.748	/	1.1365
	=	-593.75 %

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

AppSpotr AB (OSTO:APTR) 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.

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AppSpotr AB (OSTO:APTR) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » AppSpotr AB (OSTO:APTR) » Definitions » ROCE %

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6V60:Germany

Address

Skanegatan 29, Goteborg, SWE, 412 52

Website

https://www.appspotr.com

AppSpotr AB is a software company. It provides a cloud-based platform for developing apps that would help individuals and organizations to effectively develop apps in volume and publish them on the App Store and Google Play.

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