Resaas Services (TSXV:RSS) ROCE % : 0.00% (As of Mar. 2024)

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What is Resaas Services 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. Resaas Services's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Resaas Services ROCE % Historical Data

The historical data trend for Resaas Services'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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Resaas Services ROCE % Chart

Resaas Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-270.37

-723.86

Resaas Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Resaas Services ROCE % Calculation

Resaas Services'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	/	( ( (0.4 - 0.791)	+	(0.806 - 0.83) )	/ 2 )
	=	-2.254	/	( (-0.391	+	-0.024)	/ 2 )
	=	-2.254	/	-0.2075
	=	1,086.27 %

Resaas Services's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.748	/	( ( (0.806 - 0.83)	+	(0.451 - 0.778) )	/ 2 )
	=	-1.748	/	( ( -0.024	+	-0.327 )	/ 2 )
	=	-1.748	/	-0.1755
	=	0 %

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

Resaas Services (TSXV:RSS) 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.

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Resaas Services (TSXV:RSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Resaas Services Inc (TSXV:RSS) » Definitions » ROCE %

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RSASF:USA

Address

595 Burrard Street, Suite 2600, Vancouver, BC, CAN, V7X 1L3

Website

https://www.resaas.com

Resaas Services Inc is engaged in the development of web and mobile communications software for the real estate industry. The company is a technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis. The company operates in one reportable segment, the development of software in the real estate industry.

Executives

R. Craig Barton

10% Security Holder

Resaas Services (TSXV:RSS) Headlines

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