Edyoutec AB (XSAT:EDYOU) ROCE % : -14.40% (As of Mar. 2024)

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What is Edyoutec AB 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. Edyoutec AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -14.40%.

Edyoutec AB ROCE % Historical Data

The historical data trend for Edyoutec AB'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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Edyoutec AB ROCE % Chart

Edyoutec AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-49.12

-48.09

-35.47

-29.77

-24.26

Edyoutec AB Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial												-28.08	-21.50	-15.06	-22.29	-14.40

Edyoutec AB ROCE % Calculation

Edyoutec AB'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 )
	=	-17.308	/	( ( (94.404 - 36.083)	+	(101.231 - 16.877) )	/ 2 )
	=	-17.308	/	( (58.321	+	84.354)	/ 2 )
	=	-17.308	/	71.3375
	=	-24.26 %

Edyoutec AB'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 )
	=	-11.844	/	( ( (101.231 - 16.877)	+	(101.053 - 20.884) )	/ 2 )
	=	-11.844	/	( ( 84.354	+	80.169 )	/ 2 )
	=	-11.844	/	82.2615
	=	-14.40 %

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

Edyoutec AB (XSAT:EDYOU) 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.

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Edyoutec AB (XSAT:EDYOU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Edyoutec AB (XSAT:EDYOU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

7Q4:Germany

Address

Fyrislundsgatan 68, Uppsala, SWE, 754 50

Website

https://www.edyoutec.com

Edyoutec AB is a mobile game development company. It consists of two verticals: Games and EdTech. Within the EdTech vertical, the company focuses on developing products in genres such as game-based learning and Serious Games. Within the Games vertical, the business concept is based on developing and distributing free-to-play (F2P) games within mobile games for Android and iOS.

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