My Beat (XSAT:MYBEAT) ROCE % : -25.23% (As of Apr. 2025)

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What is My Beat 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. My Beat's annualized ROCE % for the quarter that ended in Apr. 2025 was -25.23%.

My Beat ROCE % Historical Data

The historical data trend for My Beat'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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My Beat ROCE % Chart

My Beat Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Apr25

ROCE %

-68.58

-58.29

-264.50

-187.14

-46.55

My Beat Quarterly Data
	Apr20	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Jan24	Jan25	Apr25
ROCE %	Get a 7-Day Free Trial									-158.13	-141.39	-83.51	-109.42	-25.23

My Beat ROCE % Calculation

My Beat's annualized ROCE % for the fiscal year that ended in Apr. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2025 )		(A: Apr. 2023 )		(A: Apr. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2025 )		(A: Apr. 2023 )		(A: Apr. 2025 )
	=	-7.023	/	( ( (20.047 - 10.221)	+	(28.199 - 7.852) )	/ 2 )
	=	-7.023	/	( (9.826	+	20.347)	/ 2 )
	=	-7.023	/	15.0865
	=	-46.55 %

My Beat's ROCE % of for the quarter that ended in Apr. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2025 )		(Q: Jan. 2025 )		(Q: Apr. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2025 )		(Q: Jan. 2025 )		(Q: Apr. 2025 )
	=	-4.716	/	( ( (25.701 - 8.669)	+	(28.199 - 7.852) )	/ 2 )
	=	-4.716	/	( ( 17.032	+	20.347 )	/ 2 )
	=	-4.716	/	18.6895
	=	-25.23 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2025) EBIT data.

My Beat (XSAT:MYBEAT) 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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My Beat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » My Beat (XSAT:MYBEAT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stenbackevagen, Orebro, SWE, 702 25

Website

https://www.mybeat.se

My Beat operates as a mobile operator that offers private individuals mobile subscriptions and mobile broadband. It offers Internet plans, voice calling, video streaming, bills payments, and other related services.

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