Streamify AB (XSAT:STREAM) ROCE % : -70.02% (As of Mar. 2024)

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What is Streamify 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. Streamify AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -70.02%.

Streamify AB ROCE % Historical Data

The historical data trend for Streamify 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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Streamify AB ROCE % Chart

Streamify AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

-45.25

-48.58

-62.91

-88.84

Streamify AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial												-138.57	-101.06	-100.54	-106.97	-70.02

Streamify AB ROCE % Calculation

Streamify AB's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-12.214	/	( ( (19.1 - 2.258)	+	(12.637 - 1.983) )	/ 2 )
	=	-12.214	/	( (16.842	+	10.654)	/ 2 )
	=	-12.214	/	13.748
	=	-88.84 %

Streamify 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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-7.428	/	( ( (11.986 - 2.949)	+	(14.426 - 2.247) )	/ 2 )
	=	-7.428	/	( ( 9.037	+	12.179 )	/ 2 )
	=	-7.428	/	10.608
	=	-70.02 %

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

Streamify AB (XSAT:STREAM) 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.

Streamify AB ROCE % Related Terms

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Streamify AB (XSAT:STREAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Streamify AB (XSAT:STREAM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hamngatan 19, Ostersund, SWE, 831 34

Website

https://www.streamify.io

Streamify AB is an easy-to-use digital platform that combines live streaming and E-commerce in one. The service is aimed at both the individual user and major established players in various industry segments. The platform offers livestream of music concert, major events such as a football cup and others. The platform runs primarily on servers hosted by the Google Cloud Platform where service discovery and scheduling of services on the servers are handled automatically in the cloud.

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