Knowmad Mood (XMAD:ATSI) ROCE % : 30.30% (As of Jun. 2024)

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What is Knowmad Mood 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. Knowmad Mood's annualized ROCE % for the quarter that ended in Jun. 2024 was 30.30%.

Knowmad Mood ROCE % Historical Data

The historical data trend for Knowmad Mood'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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Knowmad Mood ROCE % Chart

Knowmad Mood Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

20.41

29.73

37.92

39.82

31.92

Knowmad Mood Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			58.55	23.27	41.73	22.25	30.30

Knowmad Mood ROCE % Calculation

Knowmad Mood'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: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	9.547	/	( ( (53.196 - 26.043)	+	(60.507 - 27.844) )	/ 2 )
	=	9.547	/	( (27.153	+	32.663)	/ 2 )
	=	9.547	/	29.908
	=	31.92 %

Knowmad Mood's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	13.272	/	( ( (60.507 - 27.844)	+	(90.507 - 35.556) )	/ 2 )
	=	13.272	/	( ( 32.663	+	54.951 )	/ 2 )
	=	13.272	/	43.807
	=	30.30 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Knowmad Mood (XMAD:ATSI) 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.

Knowmad Mood ROCE % Related Terms

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Knowmad Mood Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Knowmad Mood (XMAD:ATSI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EK9:Germany

Address

Calle Jacinto Benavente, 2, Building B, 2nd Floor, Tripark Business Park, Las Rozas, Madrid, ESP, 28232

Website

https://www.knowmadmood.com

Knowmad Mood is an IT service and software development company. It offers innovative solutions, accompanies more than 5oo clients in its digital transformation and works on international projects.

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