BuildDirect.com Technologies (TSXV:BILD) ROCE % : 1.96% (As of Sep. 2023)

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What is BuildDirect.com Technologies 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. BuildDirect.com Technologies's annualized ROCE % for the quarter that ended in Sep. 2023 was 1.96%.

BuildDirect.com Technologies ROCE % Historical Data

The historical data trend for BuildDirect.com Technologies'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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BuildDirect.com Technologies ROCE % Chart

BuildDirect.com Technologies Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-25.55

-44.37

-32.83

BuildDirect.com Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial									-4.98	-108.90	8.40	-7.31	1.96

BuildDirect.com Technologies ROCE % Calculation

BuildDirect.com Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-8.364	/	( ( (50.5 - 24.879)	+	(46.177 - 20.846) )	/ 2 )
	=	-8.364	/	( (25.621	+	25.331)	/ 2 )
	=	-8.364	/	25.476
	=	-32.83 %

BuildDirect.com Technologies's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	0.356	/	( ( (42.839 - 28.646)	+	(40.063 - 17.9) )	/ 2 )
	=	0.356	/	( ( 14.193	+	22.163 )	/ 2 )
	=	0.356	/	18.178
	=	1.96 %

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

BuildDirect.com Technologies (TSXV:BILD) 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.

BuildDirect.com Technologies ROCE % Related Terms

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BuildDirect.com Technologies (TSXV:BILD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » BuildDirect.com Technologies Inc (TSXV:BILD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BDCTF:USA

Address

200 Granville Street, Suite 90, Vancouver, BC, CAN, V6C 1S4

Website

https://www.builddirect.com

BuildDirect.com Technologies Inc is a marketplace for purchasing and selling building materials online. It has two operating segments, BuildDirect.com and Independent Retailers. The platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking, and more.

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