GURUFOCUS.COM » STOCK LIST » Technology » Software » Wellfield Technologies Inc (OTCPK:WFLDF) » Definitions » ROCE %

WFLDF (Wellfield Technologies) ROCE % : -283.44% (As of Sep. 2024)


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

What is Wellfield Technologies 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. Wellfield Technologies's annualized ROCE % for the quarter that ended in Sep. 2024 was -283.44%.

Wellfield Technologies ROCE % Historical Data

The historical data trend for Wellfield Technologies'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.

Wellfield Technologies ROCE % Chart

Wellfield Technologies Annual Data
Trend Dec19 Dec20 Dec21 Mar23 Mar24
ROCE %
- - -15.59 - -273.98

Wellfield Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -60.71 -54.02 -596.31 -197.41 -283.44

Wellfield Technologies ROCE % Calculation

Wellfield Technologies's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-20.25/( ( (17.873 - 4.863) + (12.311 - 10.539) )/ 2 )
=-20.25/( (13.01+1.772)/ 2 )
=-20.25/7.391
=-273.98 %

Wellfield Technologies'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 )
=-2.996/( ( (11.687 - 10.14) + (11.621 - 11.054) )/ 2 )
=-2.996/( ( 1.547 + 0.567 )/ 2 )
=-2.996/1.057
=-283.44 %

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

Wellfield Technologies  (OTCPK:WFLDF) 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.

Wellfield Technologies ROCE % Related Terms

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

Wellfield Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Wellfield Technologies Inc (OTCPK:WFLDF) » Definitions » ROCE %
Comparable Companies
TSXV:RSS TSXV:CTZ NEOE:IFSS TSXV:WISH XCNQ:AICO TSXV:ART TSXV:MHUB TSX:LSPK TSX:IMP TSXV:AXE CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
K8D:Germany WFLD:Canada
Address
666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Website
https://www.wellfield.io
Wellfield Technologies Inc is engaged in decentralized finance (DeFi) by building open and accessible decentralized protocols and also blockchain-based consumer products. The company's brands include Seamless - the company's protocol layer and MoneyClip - the company's application layer brand. The company's brands include Coinmama, Wellfield Capital, and Wellfield Gold.