SPARQ Systems (TSXV:SPRQ) ROCE % : -32.66% (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is SPARQ Systems 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. SPARQ Systems's annualized ROCE % for the quarter that ended in Sep. 2024 was -32.66%.

SPARQ Systems ROCE % Historical Data

The historical data trend for SPARQ Systems'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.

SPARQ Systems ROCE % Chart

SPARQ Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-5,200.00

-158.67

-123.72

-48.59

-111.13

SPARQ Systems Quarterly Data
	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial											-88.68	-256.98	-224.45	-160.89	-32.66

SPARQ Systems ROCE % Calculation

SPARQ Systems'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 )
	=	-4.747	/	( ( (7.405 - 0.916)	+	(4.392 - 2.338) )	/ 2 )
	=	-4.747	/	( (6.489	+	2.054)	/ 2 )
	=	-4.747	/	4.2715
	=	-111.13 %

SPARQ Systems'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 )
	=	-3.88	/	( ( (13.447 - 1.093)	+	(11.875 - 0.469) )	/ 2 )
	=	-3.88	/	( ( 12.354	+	11.406 )	/ 2 )
	=	-3.88	/	11.88
	=	-32.66 %

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

SPARQ Systems (TSXV:SPRQ) 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.

SPARQ Systems ROCE % Related Terms

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

SPARQ Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SPARQ Systems Inc (TSXV:SPRQ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SPRQF:USA

Address

945 Princess Street, Innovation Park, Box 212, Kingston, ON, CAN, K7L 0E9

Website

https://www.sparqsys.com

SPARQ Systems Inc designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design & installation and lowering the cost for solar power installations when compared to existing market offerings. Its microinverter system can be used in any power grid, conventional or smart, around the globe.

SPARQ Systems Headlines

No Headlines