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Global UAV Technologies (XCNQ:UAV) ROCE % : 0.00% (As of Jan. 2024)


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What is Global UAV 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. Global UAV Technologies's annualized ROCE % for the quarter that ended in Jan. 2024 was 0.00%.


Global UAV Technologies ROCE % Historical Data

The historical data trend for Global UAV 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.

Global UAV Technologies ROCE % Chart

Global UAV Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -533.92 - - - -

Global UAV Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Global UAV Technologies ROCE % Calculation

Global UAV Technologies's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=-0.161/( ( (0.147 - 1.239) + (0.032 - 1.285) )/ 2 )
=-0.161/( (-1.092+-1.253)/ 2 )
=-0.161/-1.1725
=13.73 %

Global UAV Technologies's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-0.104/( ( (0.032 - 1.285) + (0.032 - 1.31) )/ 2 )
=-0.104/( ( -1.253 + -1.278 )/ 2 )
=-0.104/-1.2655
=0 %

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


Global UAV Technologies  (XCNQ:UAV) 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.


Global UAV Technologies ROCE % Related Terms

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Global UAV Technologies (XCNQ:UAV) Business Description

Traded in Other Exchanges
Address
488 - 1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7
Global UAV Technologies Ltd is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. Through its subsidiaries, Pioneer Aerial Surveys Ltd, High Eye Aerial Imaging Inc, UAV Regulatory Services Inc, and NOVAerial Robotics Inc, it provides a full spectrum of UAV-based services and products including drone research and development and manufacturing, flight services, and regulatory compliance.
Executives
James Rogers Director
Andrew Male Director

Global UAV Technologies (XCNQ:UAV) Headlines