Carbeeza (TSXV:AUTO) ROCE % : 0.00% (As of Dec. 2023)

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

Carbeeza ROCE % Historical Data

The historical data trend for Carbeeza'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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Carbeeza ROCE % Chart

Carbeeza Annual Data

Trend

Dec22

Dec23

ROCE %

-100.71

Carbeeza Quarterly Data
	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-163.48	-96.04	-124.70	-171.73	-

Carbeeza ROCE % Calculation

Carbeeza'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 )
	=	-9.524	/	( ( (5.721 - 1.1)	+	(0.455 - 5.465) )	/ 2 )
	=	-9.524	/	( (4.621	+	-5.01)	/ 2 )
	=	-9.524	/	-0.1945
	=	4,896.66 %

Carbeeza'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 )
	=	-25.228	/	( ( (4.958 - 2.693)	+	(0.455 - 5.465) )	/ 2 )
	=	-25.228	/	( ( 2.265	+	-5.01 )	/ 2 )
	=	-25.228	/	-1.3725
	=	0 %

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

Carbeeza (TSXV:AUTO) 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.

Carbeeza ROCE % Related Terms

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Carbeeza (TSXV:AUTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Carbeeza Inc (TSXV:AUTO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CRBAF:USA

Address

10180-101 Street, Suite 620, Edmonton, AB, CAN, T5J3S4

Website

https://www.carbeeza.com

Carbeeza Inc is engaged in the business of delivering a proprietary, web-based (cloud-hosted) application enabling consumers, financial entities, and vehicle dealers to facilitate a fully informed interaction. It is an automotive sales platform powered by AI that connects consumers and dealers.