GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trainimal AB (NGM:TRML) » Definitions » ROCE %

Trainimal AB (NGM:TRML) ROCE % : -15.98% (As of Jan. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Trainimal 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. Trainimal AB's annualized ROCE % for the quarter that ended in Jan. 2024 was -15.98%.


Trainimal AB ROCE % Historical Data

The historical data trend for Trainimal 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.

* Premium members only.

Trainimal AB ROCE % Chart

Trainimal AB Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
ROCE %
8.42 -11.68 -0.60 -46.71 -41.07

Trainimal AB Quarterly Data
Apr19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROCE % 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 -60.52 -18.71 1.76 -5.14 -15.98

Trainimal AB ROCE % Calculation

Trainimal AB's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=-4.518/( ( (18.273 - 4.877) + (14.141 - 5.534) )/ 2 )
=-4.518/( (13.396+8.607)/ 2 )
=-4.518/11.0015
=-41.07 %

Trainimal AB's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-1.328/( ( (13.342 - 4.858) + (12.764 - 4.63) )/ 2 )
=-1.328/( ( 8.484 + 8.134 )/ 2 )
=-1.328/8.309
=-15.98 %

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


Trainimal AB  (NGM:TRML) 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.


Trainimal AB ROCE % Related Terms

Thank you for viewing the detailed overview of Trainimal AB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Trainimal AB (NGM:TRML) Business Description

Traded in Other Exchanges
N/A
Address
Tulegatan 19, Stockholm, SWE, 113 53
Trainimal AB develops and operates subscription-paid solutions for physical exercise and diet advice online.The company's most famous product is MammaFitness, which is created by the well-known training profile Olga Ronnberg.