ConneXionONE (ConneXionONE) ROCE % : 0.00% (As of Mar. 2024)

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

ConneXionONE ROCE % Historical Data

The historical data trend for ConneXionONE'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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ConneXionONE ROCE % Chart

ConneXionONE Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

ConneXionONE Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial						-	-	-	-	-

ConneXionONE ROCE % Calculation

ConneXionONE'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 )
	=	-1.361	/	( ( (0.385 - 0.742)	+	(0.443 - 1.141) )	/ 2 )
	=	-1.361	/	( (-0.357	+	-0.698)	/ 2 )
	=	-1.361	/	-0.5275
	=	258.01 %

ConneXionONE'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 )
	=	-0.46	/	( ( (0.443 - 1.141)	+	(0.575 - 1.388) )	/ 2 )
	=	-0.46	/	( ( -0.698	+	-0.813 )	/ 2 )
	=	-0.46	/	-0.7555
	=	0 %

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

ConneXionONE (OTCPK:CNNN) 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.

ConneXionONE ROCE % Related Terms

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ConneXionONE (ConneXionONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ConneXionONE Corp (OTCPK:CNNN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

39899 Balentine Drive, Suite 200, Newark, CA, USA, 94560

Website

https://www.dotarazzi.com

ConneXionONE Corp is a technology company revolutionizing social media with its flagship product, dotarazzi. The Company is a development-stage company that plans to be involved in social media and internet advertising and marketing services with a decentralized social media platform.

Executives

Tingyu Chang	director	39899 BALENTINE DRIVE, SUITE 200, NEWARK CA 94560
Yulung Tso	director	39899 BALENTINE DRIVE, SUITE 200, NEWARK CA 94560
Te Wei Wu	director	39899 BALENTINE DRIVE, SUITE 200, NEWARK CA 94560
Chris Chang	director	32679 KENITA WAY, UNION CITY CA 94587
Frank Jonathan Hariton	director	1065 DOBBS FERRY ROAD, WHITE PLAINS NY 10607

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