Rail Vision (Rail Vision) ROCE % : -228.01% (As of Dec. 2023)

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What is Rail Vision 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. Rail Vision's annualized ROCE % for the quarter that ended in Dec. 2023 was -228.01%.

Rail Vision ROCE % Historical Data

The historical data trend for Rail Vision'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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Rail Vision ROCE % Chart

Rail Vision Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-91.87

-120.84

-213.53

-180.09

-184.31

Rail Vision Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial										-99.92	-159.17	-160.79	-156.54	-228.01

Rail Vision ROCE % Calculation

Rail Vision'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 )
	=	-11.403	/	( ( (10.432 - 1.369)	+	(5.921 - 2.61) )	/ 2 )
	=	-11.403	/	( (9.063	+	3.311)	/ 2 )
	=	-11.403	/	6.187
	=	-184.31 %

Rail Vision'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-10.388	/	( ( (7.85 - 2.049)	+	(5.921 - 2.61) )	/ 2 )
	=	-10.388	/	( ( 5.801	+	3.311 )	/ 2 )
	=	-10.388	/	4.556
	=	-228.01 %

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

Rail Vision (NAS:RVSN) 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.

Rail Vision ROCE % Related Terms

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Rail Vision (Rail Vision) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Rail Vision Ltd (NAS:RVSN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Ha’Tidhar St, Ra’anana, ISR, 4366517

Website

https://www.railvision.io

Rail Vision Ltd is a development-stage technology company that is engaged in the design, development, and assembly of railway detection systems designed to solve the challenges in railway operational safety, efficiency, and predictive maintenance. Its railway detection systems include different types of cameras, including optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized onboard computer which is designed to be suitable for the rough environment of a train's locomotive.