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VRAR (The Glimpse Group) ROCE % : 0.97% (As of Dec. 2024)


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What is The Glimpse Group 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. The Glimpse Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.97%.


The Glimpse Group ROCE % Historical Data

The historical data trend for The Glimpse Group'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.

The Glimpse Group ROCE % Chart

The Glimpse Group Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial -331.11 -512.22 -46.83 -56.26 -54.27

The Glimpse Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -47.93 -46.33 -52.08 -33.18 0.97

The Glimpse Group ROCE % Calculation

The Glimpse Group's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-7.946/( ( (24.278 - 8.126) + (15.559 - 2.428) )/ 2 )
=-7.946/( (16.152+13.131)/ 2 )
=-7.946/14.6415
=-54.27 %

The Glimpse Group's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=0.14/( ( (15.165 - 4.137) + (22.255 - 4.279) )/ 2 )
=0.14/( ( 11.028 + 17.976 )/ 2 )
=0.14/14.502
=0.97 %

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

* 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.


The Glimpse Group  (NAS:VRAR) 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.


The Glimpse Group ROCE % Related Terms

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The Glimpse Group Business Description

Traded in Other Exchanges
Address
15 West 38th Street, 12th Floor, New York, NY, USA, 10018
The Glimpse Group Inc is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software and services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry.
Executives
Lemuel Amen director 15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Tyler Gates officer: Chief Futurist Officer 4154 36TH STREET, ARLINGTON VA 22206
Alexander Ruckdaeschel director 123 EAST 83RD STREET, APT 3-B, NEW YORK NY 10028
Jeffrey Ralph Meisner director, officer: Chief Revenue Officer 401 PALLADIAN BLVD., SOUTHLAKE TX 76092
Lyron L Bentovim director, 10 percent owner, officer: President & CEO 60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Maydan Rothblum director, officer: Chief Financial Officer & COO 19655 DESCARTES, FOOTHILL RANCH CA 92610
Jeffrey D. Enslin director 15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Ian Morgan Charles director 35 ANTILLES WAY, TIBURON CA 94920
David John Smith director, 10 percent owner, officer: Chief Creative Officer 15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Sharon T Rowlands director 195 BROADWAY, NEW YORK NY 10007