Confluent (FRA:8QR) ROCE % : -22.45% (As of Mar. 2024)

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

What is Confluent 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. Confluent's annualized ROCE % for the quarter that ended in Mar. 2024 was -22.45%.

Confluent ROCE % Historical Data

The historical data trend for Confluent'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.

Confluent ROCE % Chart

Confluent Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-107.37

-107.86

-29.49

-24.41

-22.47

Confluent Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													-27.70	-24.81	-22.75	-17.19	-22.45

Confluent ROCE % Calculation

Confluent'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 )
	=	-407.074	/	( ( (2213.537 - 400.568)	+	(2256.562 - 446.598) )	/ 2 )
	=	-407.074	/	( (1812.969	+	1809.964)	/ 2 )
	=	-407.074	/	1811.4665
	=	-22.47 %

Confluent'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 )
	=	-409.772	/	( ( (2256.562 - 446.598)	+	(2244.459 - 404.062) )	/ 2 )
	=	-409.772	/	( ( 1809.964	+	1840.397 )	/ 2 )
	=	-409.772	/	1825.1805
	=	-22.45 %

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

Confluent (FRA:8QR) 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.

Confluent ROCE % Related Terms

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

Confluent (FRA:8QR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Confluent Inc (FRA:8QR) » Definitions » ROCE %

Comparable Companies

TOST HOOD PATH DBX NTNX FFIV DOX WEX KVYO CCCS MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

CFLT:USA CFLT:Mexico 8QR:Germany

Address

899 West Evelyn Avenue, Mountain View, CA, USA, 94041

Website

https://www.confluent.io

Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. Its products include Confluent Platform; Connectors; ksqlDB and others. The company generates revenue from the sale of subscriptions and services. Geographically, it derives a majority of its revenue from the United States. It provides solutions to Financial Services; Insurance; Retail and eCommerce; Automotive; Government and other sectors.

Confluent (FRA:8QR) Headlines

No Headlines