BEACN Wizardry & Magic (TSXV:BECN) ROCE % : -65.54% (As of Sep. 2024)

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What is BEACN Wizardry & Magic 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. BEACN Wizardry & Magic's annualized ROCE % for the quarter that ended in Sep. 2024 was -65.54%.

BEACN Wizardry & Magic ROCE % Historical Data

The historical data trend for BEACN Wizardry & Magic'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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BEACN Wizardry & Magic ROCE % Chart

BEACN Wizardry & Magic Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-154.36

-11.75

-75.51

BEACN Wizardry & Magic Quarterly Data
	Nov20	Feb21	May21	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial										-71.90	-82.32	-85.32	-49.65	-65.54

BEACN Wizardry & Magic ROCE % Calculation

BEACN Wizardry & Magic'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 )
	=	-2.254	/	( ( (4.457 - 0.689)	+	(2.845 - 0.643) )	/ 2 )
	=	-2.254	/	( (3.768	+	2.202)	/ 2 )
	=	-2.254	/	2.985
	=	-75.51 %

BEACN Wizardry & Magic'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-1.436	/	( ( (2.594 - 0.655)	+	(3.317 - 0.874) )	/ 2 )
	=	-1.436	/	( ( 1.939	+	2.443 )	/ 2 )
	=	-1.436	/	2.191
	=	-65.54 %

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

BEACN Wizardry & Magic (TSXV:BECN) 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.

BEACN Wizardry & Magic ROCE % Related Terms

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BEACN Wizardry & Magic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BEACN Wizardry & Magic Inc (TSXV:BECN) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1075 Pendergast Street, Suite 204, Victoria, BC, CAN, V8V 0A1

Website

https://www.ir.beacn.com

BEACN Wizardry & Magic Inc develops audio equipment, peripherals, and technology for gamers, live streamers, and content creators. The group delivers premium products that produce studio-quality content. Its product portfolio consists of Beacn Mic, Beacn Mix, and Beacn Mix Create. The group has two reportable geographic segments, namely North America and Other.

Executives

Craig David Fraser	Director, Senior Officer
Kevin Neal Alexander	Director
Athlone Ltd	10% Security Holder
Daniel Edward Davies	Director, Senior Officer
Mark Thomas Brown	Director