Spetz (XCNQ:SPTZ) ROCE % : 0.00% (As of Sep. 2024)

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

Spetz ROCE % Historical Data

The historical data trend for Spetz'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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Spetz ROCE % Chart

Spetz Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Dec23

ROCE %

-508.38

-205.29

-65.53

-161.29

-156.45

Spetz Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-40.49	-1,129.29	-	-	-

Spetz ROCE % Calculation

Spetz'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: Jan. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Jan. 2022 )		(A: Dec. 2023 )
	=	-10.193	/	( ( (14.575 - 0.677)	+	(4.237 - 5.105) )	/ 2 )
	=	-10.193	/	( (13.898	+	-0.868)	/ 2 )
	=	-10.193	/	6.515
	=	-156.45 %

Spetz'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 )
	=	-1.248	/	( ( (3.835 - 5.449)	+	(3.615 - 5.689) )	/ 2 )
	=	-1.248	/	( ( -1.614	+	-2.074 )	/ 2 )
	=	-1.248	/	-1.844
	=	0 %

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

Spetz (XCNQ:SPTZ) 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.

Spetz ROCE % Related Terms

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Spetz Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spetz Inc (XCNQ:SPTZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DBKSF:USA

Address

40 King Street West, Scotia Plaza, Suite 5800, P.O. Box 1011, Miller Thomson Llp, Toronto, ON, CAN, M5H 3S1

Website

https://www.spetz.app

Spetz Inc is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is available in the USA, United Kingdom, Australia, and Israel. Connecting them immediately with the top-matched service provider for any need, anytime, anywhere.

Executives

Ofir Friedman	Director
Josepf Nevo	10% Security Holder, Director, Senior Officer

Spetz Headlines

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