ZeU Technologies (XCNQ:ZEU) ROCE % : 0.00% (As of Dec. 2023)

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What is ZeU 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. ZeU Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

ZeU Technologies ROCE % Historical Data

The historical data trend for ZeU 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.

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ZeU Technologies ROCE % Chart

ZeU Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Mar23

ROCE %

-593.42

-137.06

ZeU Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

ZeU Technologies ROCE % Calculation

ZeU Technologies's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Dec. 2021 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Dec. 2021 )		(A: Mar. 2023 )
	=	6.671	/	( ( (13.686 - 9.71)	+	(0.253 - 6.074) )	/ 2 )
	=	6.671	/	( (3.976	+	-5.821)	/ 2 )
	=	6.671	/	-0.9225
	=	-723.14 %

ZeU Technologies's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.124	/	( ( (0.225 - 6.305)	+	(0.222 - 6.404) )	/ 2 )
	=	-0.124	/	( ( -6.08	+	-6.182 )	/ 2 )
	=	-0.124	/	-6.131
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

ZeU Technologies (XCNQ:ZEU) 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.

ZeU Technologies ROCE % Related Terms

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ZeU Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ZeU Technologies Inc (XCNQ:ZEU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 Rue Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A 3G4

Website

https://www.zeuniverse.com

ZeU Technologies Inc is a Canada-based technology company. The company is engaged in developing its distributed ledger technologies (DLT), such as blockchain. The company's product development is driven by industry-specific needs, thus enabling the smooth integration of legacy systems into the new digital economy.

Executives

St-georges Eco-mining Corp.	10% Security Holder
Sheldon Inwentash	10% Security Holder
Patricia Popert-fortier	Senior Officer
Francois Dumas	Director, Senior Officer
Neha Edah Tally	Director, Senior Officer

ZeU Technologies Headlines

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