Highmark Interactive (TSXV:HMRK.H) ROCE % : -118.65% (As of Sep. 2022)

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

What is Highmark Interactive 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. Highmark Interactive's annualized ROCE % for the quarter that ended in Sep. 2022 was -118.65%.

Highmark Interactive ROCE % Historical Data

The historical data trend for Highmark Interactive'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.

Highmark Interactive ROCE % Chart

Highmark Interactive Annual Data

Trend

Dec20

Dec21

ROCE %

-418.88

-99.05

Highmark Interactive Quarterly Data
	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-196.43	-132.40	-65.25	-75.99	-118.65

Highmark Interactive ROCE % Calculation

Highmark Interactive's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-4.312	/	( ( (1.327 - 0.935)	+	(10.003 - 1.688) )	/ 2 )
	=	-4.312	/	( (0.392	+	8.315)	/ 2 )
	=	-4.312	/	4.3535
	=	-99.05 %

Highmark Interactive's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-4.664	/	( ( (6.924 - 1.513)	+	(6.529 - 4.078) )	/ 2 )
	=	-4.664	/	( ( 5.411	+	2.451 )	/ 2 )
	=	-4.664	/	3.931
	=	-118.65 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Highmark Interactive (TSXV:HMRK.H) 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.

Highmark Interactive ROCE % Related Terms

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

Highmark Interactive (TSXV:HMRK.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Highmark Interactive Inc (TSXV:HMRK.H) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

115 George Street, Suite 602, Oakville, NU, CAN, L6J 0A2

Website

https://www.highmark.tech

Highmark Interactive Inc provides a complete solution for brain health through its proprietary digital brain health assessment tools and its growing network of virtual, in-clinic, and hybrid clinics. The company has three reportable segments; Technology, Medical services and Corporate segment.

Highmark Interactive (TSXV:HMRK.H) Headlines

No Headlines