ZoomerMedia (TSXV:ZUM) ROCE % : -7.64% (As of Feb. 2024)

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What is ZoomerMedia 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. ZoomerMedia's annualized ROCE % for the quarter that ended in Feb. 2024 was -7.64%.

ZoomerMedia ROCE % Historical Data

The historical data trend for ZoomerMedia'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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ZoomerMedia ROCE % Chart

ZoomerMedia Annual Data

Trend

Jun13

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

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9.32

13.17

8.46

7.98

2.63

ZoomerMedia Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															-0.96	2.67	0.17	1.22	-7.64

ZoomerMedia ROCE % Calculation

ZoomerMedia's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	2.264	/	( ( (92.453 - 11.47)	+	(103.805 - 12.594) )	/ 2 )
	=	2.264	/	( (80.983	+	91.211)	/ 2 )
	=	2.264	/	86.097
	=	2.63 %

ZoomerMedia's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-6.672	/	( ( (107.981 - 16.42)	+	(105.268 - 22.086) )	/ 2 )
	=	-6.672	/	( ( 91.561	+	83.182 )	/ 2 )
	=	-6.672	/	87.3715
	=	-7.64 %

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

ZoomerMedia (TSXV:ZUM) 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.

ZoomerMedia ROCE % Related Terms

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ZoomerMedia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZoomerMedia Ltd (TSXV:ZUM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Jefferson Avenue, Toronto, ON, CAN, M6K 1Y4

Website

http://www.zoomermedia.ca

ZoomerMedia Ltd operates as a multimedia company in Canada. It serves Zoomer demographic through television, radio, magazine, internet, conferences and trade shows. The company's reportable segments include Television, Radio, Print, Royalty, Digital, Other and Corporate operations. Majority of the revenue for the company is generated from the Television segment, which consists of the company's speciality and conventional television stations and generates revenue from subscriber fees, the sale of broadcast time and advertising.

Executives

Peter Palframan

Director

ZoomerMedia Headlines

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