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Thrive Tribe Technologies (ASX:1TT) ROIC % : -132.34% (As of Dec. 2024)


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What is Thrive Tribe Technologies ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Thrive Tribe Technologies's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was -132.34%.

As of today (2025-03-17), Thrive Tribe Technologies's WACC % is 5.57%. Thrive Tribe Technologies's ROIC % is -145.89% (calculated using TTM income statement data). Thrive Tribe Technologies earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Thrive Tribe Technologies ROIC % Historical Data

The historical data trend for Thrive Tribe Technologies's ROIC % 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.

Thrive Tribe Technologies ROIC % Chart

Thrive Tribe Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.22 -160.92 -488.75 -162.38 -183.42

Thrive Tribe Technologies Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -180.05 -180.97 -159.78 -151.18 -132.34

Competitive Comparison of Thrive Tribe Technologies's ROIC %

For the Software - Application subindustry, Thrive Tribe Technologies's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thrive Tribe Technologies's ROIC % Distribution in the Software Industry

For the Software industry and Technology sector, Thrive Tribe Technologies's ROIC % distribution charts can be found below:

* The bar in red indicates where Thrive Tribe Technologies's ROIC % falls into.



Thrive Tribe Technologies ROIC % Calculation

Thrive Tribe Technologies's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jun. 2024 is calculated as:

ROIC % (A: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2023 ) + Invested Capital (A: Jun. 2024 ))/ count )
=-3.75 * ( 1 - 0% )/( (1.584 + 2.505)/ 2 )
=-3.75/2.0445
=-183.42 %

where

Thrive Tribe Technologies's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2024 is calculated as:

ROIC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-2.742 * ( 1 - 0% )/( (2.505 + 1.639)/ 2 )
=-2.742/2.072
=-132.34 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) data.

* 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.


Thrive Tribe Technologies  (ASX:1TT) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Thrive Tribe Technologies's WACC % is 5.57%. Thrive Tribe Technologies's ROIC % is -145.89% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Thrive Tribe Technologies ROIC % Related Terms

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Thrive Tribe Technologies Business Description

Traded in Other Exchanges
N/A
Address
19-29 Martin Place, Level 57, MLC Centre, Sydney, NSW, AUS, 2000
Thrive Tribe Technologies Ltd provides customers with a cloud-based Saas App that enables them to communicate with employees in a mobile, collaborative, and effective manner. The Company is organised into two operating segments: Thrive Tribe Technologies which is Product development and investment operations including short term share trades; Wooboard Software-as-a-Service products which includes Sale of cloud based Software as a Service products that enabled subscribed companies; and Kumu Group Pty Ltd Two-sided platform allows for creators and members to create new connections-testing phase.

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