ZTLLF (Zonetail) ROCE % : 0.00% (As of Sep. 2024)

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What is Zonetail 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. Zonetail's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Zonetail ROCE % Historical Data

The historical data trend for Zonetail'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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Zonetail ROCE % Chart

Zonetail Annual Data

Trend

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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Zonetail Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
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Zonetail ROCE % Calculation

Zonetail'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 )
	=	-0.452	/	( ( (0.219 - 0.844)	+	(0.117 - 0.792) )	/ 2 )
	=	-0.452	/	( (-0.625	+	-0.675)	/ 2 )
	=	-0.452	/	-0.65
	=	69.54 %

Zonetail's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-0.636	/	( ( (0.055 - 0.834)	+	(0.055 - 0.893) )	/ 2 )
	=	-0.636	/	( ( -0.779	+	-0.838 )	/ 2 )
	=	-0.636	/	-0.8085
	=	0 %

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

Zonetail (OTCPK:ZTLLF) 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.

Zonetail ROCE % Related Terms

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Zonetail Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Zonetail Inc (OTCPK:ZTLLF) » Definitions » ROCE %

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ZONE:Canada

Address

70 University Avenue, Suite 1460, Toronto, ON, CAN, M5J 2M4

Website

https://www.zonetail.com

Zonetail Inc is a mobile platform and market network. Its mission is to provide a state-of-the-art mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities, and services. Its Vision is to build a critical mass of users in the hard-to-reach, high-rise residential vertical, through a unique mobile market network model - providing vital information, products, and services at the tap of a screen. It is the search engine to optimizes the home. Zonetail is partnered with Yardi, Shiftsuite, and now MRI Software which together account for an estimated 50 million households across North America.

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