QTIH (QT Imaging Holdings) ROCE % : 0.00% (As of Sep. 2024)

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What is QT Imaging Holdings 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. QT Imaging Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

QT Imaging Holdings ROCE % Historical Data

The historical data trend for QT Imaging Holdings'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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QT Imaging Holdings ROCE % Chart

QT Imaging Holdings Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-70.83

-10.04

-13.97

QT Imaging Holdings Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial				-	30.16	-154.14	-30.80	-

QT Imaging Holdings ROCE % Calculation

QT Imaging Holdings'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 )
	=	-3.386	/	( ( (41.946 - 4.186)	+	(23.399 - 12.683) )	/ 2 )
	=	-3.386	/	( (37.76	+	10.716)	/ 2 )
	=	-3.386	/	24.238
	=	-13.97 %

QT Imaging Holdings's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-8.656	/	( ( (10.78 - 15.267)	+	(6.96 - 5.434) )	/ 2 )
	=	-8.656	/	( ( -4.487	+	1.526 )	/ 2 )
	=	-8.656	/	-1.4805
	=	0 %

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

QT Imaging Holdings (OTCPK:QTIH) 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.

QT Imaging Holdings ROCE % Related Terms

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QT Imaging Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » QT Imaging Holdings Inc (OTCPK:QTIH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hamilton Landing, Suite 160, Novato, CA, USA, 94949

Website

https://www.qtimaging.com

QT Imaging Holdings Inc is engaged in the research, development and commercialization of an automated breast imaging system producing high-resolution transmission ultrasound images.