Plexian AB (OSTO:PLEX) ROCE % : -71.97% (As of Sep. 2023)

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What is Plexian 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. Plexian AB's annualized ROCE % for the quarter that ended in Sep. 2023 was -71.97%.

Plexian AB ROCE % Historical Data

The historical data trend for Plexian 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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Plexian AB ROCE % Chart

Plexian AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

-567.10

-184.43

-96.57

-108.76

Plexian AB Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial							-82.71	-156.65	-91.08	-67.12	-71.97

Plexian AB ROCE % Calculation

Plexian 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 )
	=	-46.617	/	( ( (54.658 - 7.912)	+	(63.754 - 24.778) )	/ 2 )
	=	-46.617	/	( (46.746	+	38.976)	/ 2 )
	=	-46.617	/	42.861
	=	-108.76 %

Plexian AB's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-20.9	/	( ( (39.075 - 7.186)	+	(33.884 - 7.691) )	/ 2 )
	=	-20.9	/	( ( 31.889	+	26.193 )	/ 2 )
	=	-20.9	/	29.041
	=	-71.97 %

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

Plexian AB (OSTO:PLEX) 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.

Plexian AB ROCE % Related Terms

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Plexian AB (OSTO:PLEX) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Gustav Adolfs Torg 8 B, Malmo, SWE, 211 39

Website

https://www.plexian.se

Plexian AB is a FinTech company. The company has developed a transaction-based loyalty platform - Edge - a sales-driven loyalty platform that generates offers for customers who use the Visa card belonging to the platform for their payments. The data generated by the transactions is used in Edge to provide customers with tailor-made offers that improve daily consumption and increase customer loyalty.

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