OverActive Media (TSXV:OAM) ROCE % : -9.40% (As of Sep. 2024)

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What is OverActive Media 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. OverActive Media's annualized ROCE % for the quarter that ended in Sep. 2024 was -9.40%.

OverActive Media ROCE % Historical Data

The historical data trend for OverActive Media'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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OverActive Media ROCE % Chart

OverActive Media Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

10.64

-13.91

-38.96

-11.63

OverActive Media Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial												-3.10	-5.48	-18.82	34.95	-9.40

OverActive Media ROCE % Calculation

OverActive Media'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 )
	=	-7.989	/	( ( (87.642 - 8.678)	+	(69.477 - 11.102) )	/ 2 )
	=	-7.989	/	( (78.964	+	58.375)	/ 2 )
	=	-7.989	/	68.6695
	=	-11.63 %

OverActive Media'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 )
	=	-5.856	/	( ( (72.596 - 9.39)	+	(70.779 - 9.372) )	/ 2 )
	=	-5.856	/	( ( 63.206	+	61.407 )	/ 2 )
	=	-5.856	/	62.3065
	=	-9.40 %

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

OverActive Media (TSXV:OAM) 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.

OverActive Media ROCE % Related Terms

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OverActive Media Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » OverActive Media Corp (TSXV:OAM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OAMCF:USA

Address

41 Fraser Avenue, Toronto, ON, CAN, M6K 1Y7

Website

https://www.overactivemedia.com

OverActive Media Corp owns and operates an integrated portfolio of esports teams as well as audience engagement. The segments of the company are Team Operations engaged in capturing league share payouts in the Company's various e-sports pro leagues, performance-based revenue and tournament prize winnings, and Business Operations segments engaged in sponsorships, team merchandise sales, live event sales, and costs relating to corporate and executive office operations. The company generates maximum revenue from the Business Operations segment. Geographically, the company derives a majority of its revenue from Canada.

Executives

Sheldon Pollack	Director, Senior Officer
Adam Adamou	Senior Officer
Jeffrey Kimel	Director
Michael Kimel	Director
Alyson Walker	Senior Officer
Christopher Overholt	Senior Officer
Robin Brudner	Director
Rikesh Shah	Senior Officer

OverActive Media Headlines

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