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Trump Media & Technology Group (Trump Media & Technology Group) ROCE % : 0.00% (As of Dec. 2023)


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What is Trump Media & Technology Group 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. Trump Media & Technology Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Trump Media & Technology Group ROCE % Historical Data

The historical data trend for Trump Media & Technology Group'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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Trump Media & Technology Group ROCE % Chart

Trump Media & Technology Group Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
-318.59 1,037.36 -

Trump Media & Technology Group Semi-Annual Data
Dec21 Dec22 Dec23
ROCE % -318.59 1,037.36 -

Trump Media & Technology Group ROCE % Calculation

Trump Media & Technology Group'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 )
=-18.759/( ( (11.237 - 19.447) + (3.364 - 65.872) )/ 2 )
=-18.759/( (-8.21+-62.508)/ 2 )
=-18.759/-35.359
=53.05 %

Trump Media & Technology Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=-18.759/( ( (11.237 - 19.447) + (3.364 - 65.872) )/ 2 )
=-18.759/( ( -8.21 + -62.508 )/ 2 )
=-18.759/-35.359
=0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT 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.

Trump Media & Technology Group  (NAS:DJT) 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.

Trump Media & Technology Group ROCE % Related Terms

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Trump Media & Technology Group (Trump Media & Technology Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trump Media & Technology Group Corp (NAS:DJT) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
DJTWW:USA
Address
401 N. Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232
Website
Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Trump Media & Technology Group (Trump Media & Technology Group) Headlines

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