Hoodin AB (XSAT:HOODIN) ROCE % : -91.78% (As of Dec. 2024)

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What is Hoodin 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. Hoodin AB's annualized ROCE % for the quarter that ended in Dec. 2024 was -91.78%.

Hoodin AB ROCE % Historical Data

The historical data trend for Hoodin 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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Hoodin AB ROCE % Chart

Hoodin AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-28.93

-36.21

-45.46

-65.67

-99.27

Hoodin AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-46.50	-110.24	-99.26	-70.53	-91.78

Hoodin AB ROCE % Calculation

Hoodin AB's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-4.82	/	( ( (6.138 - 0.829)	+	(5.042 - 0.64) )	/ 2 )
	=	-4.82	/	( (5.309	+	4.402)	/ 2 )
	=	-4.82	/	4.8555
	=	-99.27 %

Hoodin AB's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-4.564	/	( ( (6.169 - 0.625)	+	(5.042 - 0.64) )	/ 2 )
	=	-4.564	/	( ( 5.544	+	4.402 )	/ 2 )
	=	-4.564	/	4.973
	=	-91.78 %

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

Hoodin AB (XSAT:HOODIN) 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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Hoodin AB Business Description

Industry

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N/A

Address

Humlegatan 4, Malmo, SWE, 211 35

Website

http://www.hoodin.com

Hoodin AB is a Sweden based Software-As-a-Service (SaaS) company. It is mainly engaged in developing internet-based software that assist companies and organizations monitor, manage and create commitment to digital content. Its products offers content monitoring solutions tailored to specific industries including Medtech, Pharma and finance.

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