Railway Metrics and Dynamics Sweden AB (XSAT:RMDX) ROCE % : -6.75% (As of Mar. 2024)

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What is Railway Metrics and Dynamics Sweden 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. Railway Metrics and Dynamics Sweden AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -6.75%.

Railway Metrics and Dynamics Sweden AB ROCE % Historical Data

The historical data trend for Railway Metrics and Dynamics Sweden 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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Railway Metrics and Dynamics Sweden AB ROCE % Chart

Railway Metrics and Dynamics Sweden AB Annual Data

Trend

Jun19

Jun20

Dec21

Dec22

Dec23

ROCE %

-40.42

-31.90

-11.92

-39.11

-7.61

Railway Metrics and Dynamics Sweden AB Quarterly Data
	Jun19	Jun20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								19.57	9.04	-15.12	-39.67	-6.75

Railway Metrics and Dynamics Sweden AB ROCE % Calculation

Railway Metrics and Dynamics Sweden 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 )
	=	-1.331	/	( ( (23.213 - 5.939)	+	(30.213 - 12.509) )	/ 2 )
	=	-1.331	/	( (17.274	+	17.704)	/ 2 )
	=	-1.331	/	17.489
	=	-7.61 %

Railway Metrics and Dynamics Sweden 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 )
	=	-6.692	/	( ( (30.213 - 12.509)	+	(189.062 - 8.494) )	/ 2 )
	=	-6.692	/	( ( 17.704	+	180.568 )	/ 2 )
	=	-6.692	/	99.136
	=	-6.75 %

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

Railway Metrics and Dynamics Sweden AB (XSAT:RMDX) 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.

Railway Metrics and Dynamics Sweden AB ROCE % Related Terms

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Railway Metrics and Dynamics Sweden AB (XSAT:RMDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Railway Metrics and Dynamics Sweden AB (XSAT:RMDX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RMDX:Sweden

Address

Box 7357, Stockholm, SWE, 103 90

Website

https://www.railwaymetric.com

Railway Metrics and Dynamics Sweden AB is a swedish company that develops real-time sensors for monitoring and analysis of locomotives, wagons, and railway infrastructure. The firm develops and sells a platform for real-time analysis and monitoring of both rolling stock and infrastructure. Its solution makes up the hub for data collection and analysis. Its technology enables monitoring the status of the fleet.; diagnostics and predictions to plan maintenance and maximize the vehicle's run time; monitoring heavy maintenance.

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