Weave Communications (Weave Communications) ROCE % : -19.29% (As of Dec. 2023)

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What is Weave Communications 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. Weave Communications's annualized ROCE % for the quarter that ended in Dec. 2023 was -19.29%.

Weave Communications ROCE % Historical Data

The historical data trend for Weave Communications'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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Weave Communications ROCE % Chart

Weave Communications Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-40.64

-62.49

-55.40

-35.79

-21.83

Weave Communications Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial											-25.73	-21.21	-24.28	-18.91	-19.29

Weave Communications ROCE % Calculation

Weave Communications'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 )
	=	-28.848	/	( ( (208.349 - 72.219)	+	(201.012 - 72.853) )	/ 2 )
	=	-28.848	/	( (136.13	+	128.159)	/ 2 )
	=	-28.848	/	132.1445
	=	-21.83 %

Weave Communications'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 )
	=	-25.956	/	( ( (210.833 - 69.858)	+	(201.012 - 72.853) )	/ 2 )
	=	-25.956	/	( ( 140.975	+	128.159 )	/ 2 )
	=	-25.956	/	134.567
	=	-19.29 %

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

Weave Communications (NYSE:WEAV) 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.

Weave Communications ROCE % Related Terms

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Weave Communications (Weave Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Weave Communications Inc (NYSE:WEAV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1331 West Powell Way, Lehi, UT, USA, 84043

Website

https://www.getweave.com

Weave Communications Inc sells subscriptions for its integrated communications platform, which combines software, communication and analysis tools with voice over internet protocol (VoIP) phone services. The Company derives substantially all revenue from subscription services by providing customers access to its platform.

Executives

Matthew C. Hyde	officer: Chief Revenue Officer	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Erin Goodsell	officer: Chief Legal Officer & Corp.Sec	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Bessemer Venture Partners Ix L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Crosslink Capital Inc	10 percent owner	2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Branden Neish	officer: Chief Product &Technology Ofcr	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Alan Taylor	officer: Chief Financial Officer	C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Tiger Global Management Llc	10 percent owner	9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
George P Scanlon	director	13410 SUTTON PARK DRIVE SOUTH, JACSKONVILLE FL 32224
Blake G Modersitzki	director	2755 EAST COTTONWOOD PARKWAY, SUITE 520, SALT LAKE CITY UT 84121
Marty Smuin	officer: Chief Operating Officer	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Wendy Harper	officer: Chief Legal Officer & Corp.Sec	C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Harvey Stuart C. Jr	director	C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602
Debora B Tomlin	director	6550 OAK LEAF COURT, YOUNTVILLE CA 94599
Roy Banks	director, officer: Chief Executive Officer	6129 WEST 9600 NORTH, HIGHLAND UT 84003
Coleman Charles P Iii	10 percent owner	C/O TIGER GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019