Carbeeza (TSXV:AUTO) ROCE % : 0.00% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

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 Sep. 2024 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.

* Premium members only.

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	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial										-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 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 )
	=	-2.532	/	( ( (0.135 - 5.924)	+	(0.197 - 6.285) )	/ 2 )
	=	-2.532	/	( ( -5.789	+	-6.088 )	/ 2 )
	=	-2.532	/	-5.9385
	=	0 %

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

Thank you for viewing the detailed overview of Carbeeza's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Carbeeza Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CRBAF:USA

Address

14809 111 Avenue Nw, Edmonton, AB, CAN, T5M 2P3

Website

https://www.carbeeza.com

Carbeeza Inc provides a one-stop marketplace for consumers and dealers to meet and transact the purchase of any type of vehicle (the Platform). The Platform allows consumers to research vehicles, find financing options, and negotiate the lowest prices for their preferred vehicle from anywhere in the world.