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Scope Technologies (XCNQ:SCPE) ROCE % : -824.44% (As of Dec. 2024)


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What is Scope 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. Scope Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was -824.44%.

Scope Technologies ROCE % Historical Data

The historical data trend for Scope 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.

Scope Technologies ROCE % Chart

Scope Technologies Annual Data
Trend Sep21 Sep22 Sep23 Sep24
ROCE %
- -33.98 -731.66 -2,048.16

Scope Technologies Quarterly Data
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 -1,299.65 -218.26 -268.36 -2,730.22 -824.44

Scope Technologies ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=-11.439/( ( (0.147 - 0.358) + (1.816 - 0.488) )/ 2 )
=-11.439/( (-0.211+1.328)/ 2 )
=-11.439/0.5585
=-2,048.16 %

Scope Technologies'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 )
=-9.312/( ( (1.816 - 0.488) + (2.105 - 1.174) )/ 2 )
=-9.312/( ( 1.328 + 0.931 )/ 2 )
=-9.312/1.1295
=-824.44 %

(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.

Scope Technologies  (XCNQ:SCPE) 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.

Scope Technologies ROCE % Related Terms

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Scope Technologies Business Description

Industry
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Traded in Other Exchanges
SCPCF:USA VN8:Germany
Address
1000 1055 W Hastings Street, Vancouver, BC, CAN, V6E 2E9
Website
https://www.scopetechnologies.io
Scope Technologies Corp is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, the company provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses and individuals with secure, scalable technologies that drive growth and operational efficiency.