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

WONDF (WonderFi Technologies) ROCE % : -17.39% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is WonderFi 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. WonderFi Technologies's annualized ROCE % for the quarter that ended in Sep. 2024 was -17.39%.

WonderFi Technologies ROCE % Historical Data

The historical data trend for WonderFi 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.

WonderFi Technologies ROCE % Chart

WonderFi Technologies Annual Data
Trend Sep21 Sep22 Dec23
ROCE %
-20.39 -35.11 -11.56

WonderFi Technologies Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 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 -57.83 22.02 20.91 -15.66 -17.39

WonderFi Technologies ROCE % Calculation

WonderFi Technologies'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: Sep. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Sep. 2022 )(A: Dec. 2023 )
=-12.993/( ( (337.057 - 198.332) + (846.159 - 760.055) )/ 2 )
=-12.993/( (138.725+86.104)/ 2 )
=-12.993/112.4145
=-11.56 %

WonderFi 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 )
=-14.24/( ( (1074.255 - 990.57) + (1028.466 - 948.373) )/ 2 )
=-14.24/( ( 83.685 + 80.093 )/ 2 )
=-14.24/81.889
=-17.39 %

(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.

WonderFi Technologies  (OTCPK:WONDF) 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.

WonderFi Technologies ROCE % Related Terms

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

WonderFi Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » WonderFi Technologies Inc (OTCPK:WONDF) » Definitions » ROCE %
Comparable Companies
TSX:IMP TSXV:DDD TSX:XTRA TSX:THNC TSX:SYZ TSXV:NCI TSXV:QIS XCNQ:URL TSXV:MHUB TSXV:ONE XTER:SAP CRM NOW ADBE UBER INTU TSX:SHOP APP ADP MSTR
Traded in Other Exchanges
52D0:Germany WNDR:Canada
Address
885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Website
https://www.wonder.fi
WonderFi Technologies Inc is a technology company with the mission of creating digital access through its platforms. It operates in three segments: Trading, Payments, and Corporate. The Trading segment, comprising Bitbuy, Coinsquare, and CoinSmart crypto exchange platforms, generates the majority of the Company's revenue.