ROIUF (Route1) ROCE % : -93.32% (As of Jun. 2024)

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What is Route1 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. Route1's annualized ROCE % for the quarter that ended in Jun. 2024 was -93.32%.

Route1 ROCE % Historical Data

The historical data trend for Route1'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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Route1 ROCE % Chart

Route1 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-36.81

-39.23

10.92

-8.24

-29.82

Route1 Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-74.40	12.48	-34.85	-7.42	-93.32

Route1 ROCE % Calculation

Route1'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 )
	=	-0.549	/	( ( (9.095 - 6.496)	+	(7.112 - 6.029) )	/ 2 )
	=	-0.549	/	( (2.599	+	1.083)	/ 2 )
	=	-0.549	/	1.841
	=	-29.82 %

Route1's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-0.636	/	( ( (6.661 - 5.804)	+	(6.331 - 5.825) )	/ 2 )
	=	-0.636	/	( ( 0.857	+	0.506 )	/ 2 )
	=	-0.636	/	0.6815
	=	-93.32 %

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

Route1 (OTCPK:ROIUF) 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.

Route1 ROCE % Related Terms

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Route1 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Route1 Inc (OTCPK:ROIUF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

3R6N:Germany ROI:Canada

Address

8 King Street East, Suite 600, Toronto, ON, CAN, M5C 1B5

Website

https://www.route1.com

Route1 Inc is a company which delivers security and identity management solutions to enterprises including businesses, government, and military which requires universal, secure access to all digital resources and sensitive data. The company's solutions enable the workforce to be more productive and more flexible without compromising system access, data-at-rest, or data-in-use. Its suite of patented enterprise security solutions combines authentication, data security and secure communications with streamlined administration tools, running on a proven, trusted infrastructure. The company operates its business in US and Canada. Most of the company's revenue comes from the US.