AIM5 Ventures (TSXV:AIME.P) ROCE % : -11.62% (As of Mar. 2024)

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What is AIM5 Ventures 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. AIM5 Ventures's annualized ROCE % for the quarter that ended in Mar. 2024 was -11.62%.

AIM5 Ventures ROCE % Historical Data

The historical data trend for AIM5 Ventures'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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AIM5 Ventures ROCE % Chart

AIM5 Ventures Annual Data

Trend

Jun21

Jun22

Jun23

ROCE %

-13.41

-16.85

AIM5 Ventures Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial										-14.29	-21.62	-2.79	-11.35	-11.62

AIM5 Ventures ROCE % Calculation

AIM5 Ventures's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-0.053	/	( ( (0.359 - 0.018)	+	(0.302 - 0.014) )	/ 2 )
	=	-0.053	/	( (0.341	+	0.288)	/ 2 )
	=	-0.053	/	0.3145
	=	-16.85 %

AIM5 Ventures's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.032	/	( ( (0.28 - 0.002)	+	(0.274 - 0.001) )	/ 2 )
	=	-0.032	/	( ( 0.278	+	0.273 )	/ 2 )
	=	-0.032	/	0.2755
	=	-11.62 %

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

AIM5 Ventures (TSXV:AIME.P) 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.

AIM5 Ventures ROCE % Related Terms

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AIM5 Ventures (TSXV:AIME.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AIM5 Ventures Inc (TSXV:AIME.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 King Street West, Suite 400, Toronto, ON, CAN, M5K 0A1

Website

AIM5 Ventures Inc is a capital pool company.

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