Life360 (STU:L360) ROCE % : -5.82% (As of Sep. 2024)

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What is Life360 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. Life360's annualized ROCE % for the quarter that ended in Sep. 2024 was -5.82%.

Life360 ROCE % Historical Data

The historical data trend for Life360'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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Life360 ROCE % Chart

Life360 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-33.74

-22.64

-19.98

-38.02

-11.75

Life360 Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-10.77	-6.95	-10.31	-3.31	-5.82

Life360 ROCE % Calculation

Life360'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 )
	=	-27.494	/	( ( (320.611 - 82.741)	+	(295.014 - 64.937) )	/ 2 )
	=	-27.494	/	( (237.87	+	230.077)	/ 2 )
	=	-27.494	/	233.9735
	=	-11.75 %

Life360'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 )
	=	-17.844	/	( ( (377.117 - 72.116)	+	(385.076 - 76.832) )	/ 2 )
	=	-17.844	/	( ( 305.001	+	308.244 )	/ 2 )
	=	-17.844	/	306.6225
	=	-5.82 %

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

Life360 (STU:L360) 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.

Life360 ROCE % Related Terms

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Life360 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Life360 Inc (STU:L360) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LIF:USA LIFX:USA L36:Germany 360:Australia

Address

1900 South Norfolk Street, Suite 310, San Mateo, CA, USA, 94403

Website

https://www.life360.com

Life360 is the world's largest family-focused social network, with over 50 million monthly active users. Security-conscious families use the Life360 app to track each other's whereabouts and to track the location of their pets and personal belongings. Life360 also offers a suite of additional security features, such as driver safety monitoring, roadside assistance, and emergency dispatching. In the US, the Life360 app regularly ranks in the top 10 most popular social-networking apps and in the top 25 across all apps in terms of daily active users.

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