Sociallite US AB (XSAT:SOCIAL) ROCE % : -132.43% (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Sociallite US 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. Sociallite US AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -132.43%.

Sociallite US AB ROCE % Historical Data

The historical data trend for Sociallite US 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.

* Premium members only.

Sociallite US AB ROCE % Chart

Sociallite US AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-27.68

-106.07

-173.81

Sociallite US AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-51.42	-58.81	-63.15	-601.58	-132.43

Sociallite US AB ROCE % Calculation

Sociallite US 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 )
	=	-50.64	/	( ( (80.63 - 30.295)	+	(31.769 - 23.833) )	/ 2 )
	=	-50.64	/	( (50.335	+	7.936)	/ 2 )
	=	-50.64	/	29.1355
	=	-173.81 %

Sociallite US 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 )
	=	-12.36	/	( ( (31.769 - 23.833)	+	(39.148 - 28.418) )	/ 2 )
	=	-12.36	/	( ( 7.936	+	10.73 )	/ 2 )
	=	-12.36	/	9.333
	=	-132.43 %

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

Sociallite US AB (XSAT:SOCIAL) 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.

Sociallite US AB ROCE % Related Terms

Thank you for viewing the detailed overview of Sociallite US AB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sociallite US AB (XSAT:SOCIAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sociallite US AB (XSAT:SOCIAL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

8450:Germany

Address

Box 55935, Stockholm, SWE

Website

https://www.sociallite.us

Sociallite US AB is engaged in lead generation and digital products business. It specializes in lead generation and performance-based online marketing, where the company's strategy is to acquire companies and technical platforms in the segment.

Sociallite US AB (XSAT:SOCIAL) Headlines

No Headlines