Q4 (TSX:QFOR) ROCE % : -39.55% (As of Sep. 2023)

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What is Q4 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. Q4's annualized ROCE % for the quarter that ended in Sep. 2023 was -39.55%.

Q4 ROCE % Historical Data

The historical data trend for Q4'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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Q4 ROCE % Chart

Q4 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

-53.01

-49.10

-43.95

-53.61

Q4 Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial											-75.78	-45.68	-56.71	-52.52	-39.55

Q4 ROCE % Calculation

Q4'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 )
	=	-48.918	/	( ( (139.67 - 28.607)	+	(100.301 - 28.865) )	/ 2 )
	=	-48.918	/	( (111.063	+	71.436)	/ 2 )
	=	-48.918	/	91.2495
	=	-53.61 %

Q4'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 )
	=	-19.8	/	( ( (83.164 - 26.286)	+	(73.939 - 30.694) )	/ 2 )
	=	-19.8	/	( ( 56.878	+	43.245 )	/ 2 )
	=	-19.8	/	50.0615
	=	-39.55 %

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

Q4 (TSX:QFOR) 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.

Q4 ROCE % Related Terms

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Q4 (TSX:QFOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Q4 Inc (TSX:QFOR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

I1F:Germany

Address

469-A King Street West, Toronto, ON, CAN, M5V 1K4

Website

https://www.q4inc.com

Q4 Inc is a provider of a capital markets communication software platform. It offers a broad suite of products to publicly listed companies, investment managers and investment banks along with a variety of workflows, including investor relations, corporate access, deal management and research. The company's cloud-based software platform of products provides corporate customers with critical technology infrastructure and data that may be used to support their investor relations teams through website, virtual events, CRM and analytics products. The group delivers services primarily over the internet on a subscription basis using the software-as-a-service (SaaS) model. It derives revenue from Canada, the U.S., Europe and Other countries, of which a majority of revenue is derived from the U.S.

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