Pluribus Technologies (TSXV:PLRB) ROCE % : -32.58% (As of Sep. 2024)

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What is Pluribus Technologies 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. Pluribus Technologies's annualized ROCE % for the quarter that ended in Sep. 2024 was -32.58%.

Pluribus Technologies ROCE % Historical Data

The historical data trend for Pluribus Technologies'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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Pluribus Technologies ROCE % Chart

Pluribus Technologies Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-48.32

-13.47

-22.17

Pluribus Technologies Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial										-15.67	-46.49	-6.66	-42.76	-32.58

Pluribus Technologies ROCE % Calculation

Pluribus Technologies'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 )
	=	-12.322	/	( ( (95.837 - 18.395)	+	(72.963 - 39.227) )	/ 2 )
	=	-12.322	/	( (77.442	+	33.736)	/ 2 )
	=	-12.322	/	55.589
	=	-22.17 %

Pluribus Technologies'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 )
	=	-8.752	/	( ( (55.595 - 28.461)	+	(54.13 - 27.541) )	/ 2 )
	=	-8.752	/	( ( 27.134	+	26.589 )	/ 2 )
	=	-8.752	/	26.8615
	=	-32.58 %

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

Pluribus Technologies (TSXV:PLRB) 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.

Pluribus Technologies ROCE % Related Terms

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Pluribus Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pluribus Technologies Corp (TSXV:PLRB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Peter Street, Suite 503, Toronto, ON, CAN, M5V 2H1

Website

https://www.pluribustechnologies.com

Pluribus Technologies Corp is a technology company that acquires small, profitable business-to-business technology companies at reasonable prices in a range of verticals and industries. The company has four operating segments: E-Learning, Digital enablement, health tech, and E-Commerce. Geographically, it operates in the United States, Canada, and other countries. it derives a majority of its revenue from the United States.

Executives

Richard Daniel Adair	Senior Officer
Carolyn Ann Currie	Director

Pluribus Technologies Headlines

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