Spetz (XCNQ:SPTZ) ROCE % : 0.00% (As of Mar. 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 Mar. 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
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-47.31	-58.96	-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 Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.868	/	( ( (4.237 - 5.105)	+	(4.031 - 5.482) )	/ 2 )
	=	-1.868	/	( ( -0.868	+	-1.451 )	/ 2 )
	=	-1.868	/	-1.1595
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 (XCNQ:SPTZ) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

DBKSF:USA

Address

200 Cochrane Drive, Unit 1A, Markham, ON, CAN, L3R 8E7

Website

https://www.spetz.app

Spetz Inc is a technology company that primarily operates Spetz, a global online, AIpowered marketplace platform that dynamically connects consumers to nearby top-rated service providers in as little as 30 seconds. Spetz currently operates in the United States, United Kingdom, Australia and Israel. The Company has launched two Spetz applications for both sides of the market; one for consumers and one for service providers (collectively the Spetz App). The Spetz App is available for download on the iOS App Store and Google Play Store.

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