Artificial Solutions International AB (OSTO:ASAI) ROCE % : -147.24% (As of Mar. 2024)

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What is Artificial Solutions International 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. Artificial Solutions International AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -147.24%.

Artificial Solutions International AB ROCE % Historical Data

The historical data trend for Artificial Solutions International 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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Artificial Solutions International AB ROCE % Chart

Artificial Solutions International AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-135.26

-72.10

-142.10

Artificial Solutions International AB Quarterly Data
	Jun19	Sep19	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															-174.30	-105.51	-150.87	225.36	-147.24

Artificial Solutions International AB ROCE % Calculation

Artificial Solutions International 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 )
	=	-42.679	/	( ( (88.655 - 58.467)	+	(79.43 - 49.549) )	/ 2 )
	=	-42.679	/	( (30.188	+	29.881)	/ 2 )
	=	-42.679	/	30.0345
	=	-142.10 %

Artificial Solutions International 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 )
	=	-55.2	/	( ( (79.43 - 49.549)	+	(81.8 - 36.7) )	/ 2 )
	=	-55.2	/	( ( 29.881	+	45.1 )	/ 2 )
	=	-55.2	/	37.4905
	=	-147.24 %

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

Artificial Solutions International AB (OSTO:ASAI) 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.

Artificial Solutions International AB ROCE % Related Terms

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Artificial Solutions International AB (OSTO:ASAI) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Artificial Solutions International AB (OSTO:ASAI) » Definitions » ROCE %

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5JG:Germany

Address

Stureplan 15, 2nd Floor, Stockholm, SWE, 11145

Website

https://www.artificial-solutions.com

Artificial Solutions International AB is a specialist in Conversational AI. It enables communication with applications, websites, and devices in everyday, humanlike natural language via voice, text, touch, or gesture input. The company's Conversational AI platform Teneo, allows business users and developers to create applications that run across 86 languages and dialects, multiple platforms, and channels in record time. The ability to analyze and make use of the enormous quantities of conversational data is fully integrated within Teneo, delivering unprecedented levels of data insight that reveal what customers are truly thinking. Its Conversational AI technology makes it easy to implement a wide range of natural language applications such as virtual assistants, and conversational bots.

Artificial Solutions International AB (OSTO:ASAI) Headlines

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