SPTY (Specificity) ROCE % : 0.00% (As of Dec. 2023)

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What is Specificity 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. Specificity's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Specificity ROCE % Historical Data

The historical data trend for Specificity'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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Specificity ROCE % Chart

Specificity Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-543.99

-1,259.72

Specificity Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-8,598.23	-	-	-	-

Specificity ROCE % Calculation

Specificity'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 )
	=	-0.797	/	( ( (0.402 - 0.369)	+	(0.294 - 0.906) )	/ 2 )
	=	-0.797	/	( (0.033	+	-0.612)	/ 2 )
	=	-0.797	/	-0.2895
	=	275.30 %

Specificity's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.112	/	( ( (0.186 - 0.874)	+	(0.294 - 0.906) )	/ 2 )
	=	-0.112	/	( ( -0.688	+	-0.612 )	/ 2 )
	=	-0.112	/	-0.65
	=	0 %

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

Specificity (OTCPK:SPTY) 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.

Specificity ROCE % Related Terms

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Specificity Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Specificity Inc (OTCPK:SPTY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3850 Deer Drive, Unit 1416, Lakewood Ranch, FL, USA, 34202

Website

https://www.specificityinc.com

Specificity Inc is a full-service digital marketing firm that delivers cutting-edge marketing solutions to business to business clients as well as business to consumer clients. It also implements intuitive ad sequencing, audience ID technology, AI integration, saturation modeling, conversion funneling, CRM integration, traffic resolution, and comprehensive analytics reporting. The company principally generates revenue from its digital marketing solution SPECIFICITY. Its other marketing solutions in different stages of development are; Tradigital Partners, Put-Thru, and Pick Pocket. The company also engages in adhoc marketing services for a fee and includes email marketing, automated marketing, content marketing, and social media content creation among others.

Executives

Jason Allen Wood	director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER	14213 SUNDIAL PL, LAKEWOOD RANCH FL 34202-5894
Kevin Frisbie	director	PO BOX 714, LEWISTON ME 04243
William Mark Anderson	director, officer: CHIEF OPERATING OFFICER	2215 E 4TH AVE, TAMPA FL 33605-5409