RDARS (XCNQ:RDRS) ROCE % : 0.00% (As of Aug. 2023)

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What is RDARS 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. RDARS's annualized ROCE % for the quarter that ended in Aug. 2023 was 0.00%.

RDARS ROCE % Historical Data

The historical data trend for RDARS'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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RDARS ROCE % Chart

RDARS Annual Data

Trend

Nov21

Nov22

ROCE %

-4,960.38

RDARS Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
ROCE %	Get a 7-Day Free Trial				-11.71	-507.69	-556.13	-	-

RDARS ROCE % Calculation

RDARS's annualized ROCE % for the fiscal year that ended in Nov. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2022 )		(A: Nov. 2021 )		(A: Nov. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2022 )		(A: Nov. 2021 )		(A: Nov. 2022 )
	=	-2.629	/	( ( (1.087 - 1.728)	+	(2.187 - 1.44) )	/ 2 )
	=	-2.629	/	( (-0.641	+	0.747)	/ 2 )
	=	-2.629	/	0.053
	=	-4,960.38 %

RDARS's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2023 )		(Q: May. 2023 )		(Q: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2023 )		(Q: May. 2023 )		(Q: Aug. 2023 )
	=	-1.808	/	( ( (1.801 - 3.053)	+	(1.772 - 3.569) )	/ 2 )
	=	-1.808	/	( ( -1.252	+	-1.797 )	/ 2 )
	=	-1.808	/	-1.5245
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Aug. 2023) EBIT data.

RDARS (XCNQ:RDRS) 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.

RDARS ROCE % Related Terms

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RDARS (XCNQ:RDRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RDARS Inc (XCNQ:RDRS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RDRSF:USA

Address

2 Covington Road, Suite 507, North York, ON, CAN, M6A 3E2

Website

https://www.rdars.com

RDARS Inc is an early-stage autonomous robotics and drone technology company in the process of developing various autonomous technologies, including, a drone that augments security systems for residential, commercial, and industrial applications. The company offers proprietary autonomous robotic platforms, including, a drone aircraft, drone station, and unmanned autonomous ground vehicle solutions that enable real-time alarm response, verification, intervention, reporting, and evidence recording.

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