WDDD (Worlds) ROCE % : 0.00% (As of Sep. 2024)

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What is Worlds 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. Worlds's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Worlds ROCE % Historical Data

The historical data trend for Worlds'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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Worlds ROCE % Chart

Worlds Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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Worlds Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Worlds ROCE % Calculation

Worlds'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 )
	=	0.16	/	( ( (0.008 - 3.232)	+	(0.265 - 3.408) )	/ 2 )
	=	0.16	/	( (-3.224	+	-3.143)	/ 2 )
	=	0.16	/	-3.1835
	=	-5.03 %

Worlds'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 )
	=	-0.508	/	( ( (0.108 - 3.478)	+	(0.052 - 3.568) )	/ 2 )
	=	-0.508	/	( ( -3.37	+	-3.516 )	/ 2 )
	=	-0.508	/	-3.443
	=	0 %

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

Worlds (OTCPK:WDDD) 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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Worlds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Worlds Inc (OTCPK:WDDD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Royal Road, Brookline, MA, USA, 02445

Website

https://www.worlds.com

Worlds Inc is a company that designs and develops software, content, and related technology for the creation of interactive, three-dimensional (3D) portals and websites. The company creates its Internet sites, as well as sites available through third-party online service providers. It focuses on the development of virtual worlds which has several applications comprising a virtual meeting place, a 3D e-commerce store, a virtual classroom, and others. The core technologies developed by it include WorldsShaper, WorldsServer, WorldsBrowser, WorldsPlayer, and Worlds Gamma Libraries.

Executives

Edward J Gildea	director	C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Thomas Philip Duterme	director	111 PACCHETTI WAY, MOUNTAIN VIEW CA 94040
Steven Chrust	10 percent owner	C/O SGC ADVISORY SERVICES INC, 1786 BEDFORD STREET, STANFORD CT 06905
Thomas Kidrin	director, 10 percent owner, officer: President & CEO	11 ROYAL ROAD, BROOKLINE MA 02445
Bernard Stolar	director	4401 WILSHIRE BLVD., SUITE 200, LOS ANGELES CA 90010
Jay Coleman	director	310 EAST 46TH ST. APT 9 F, NEW YORK NY 10017
Robert N Fireman	director	145 ROSEMARY ST. SUITE H-2, NEEDHAM MA 02494