Ai-Media Technologies (Ai-Media Technologies) ROCE % : -0.62% (As of Dec. 2023)

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What is Ai-Media 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. Ai-Media Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.62%.

Ai-Media Technologies ROCE % Historical Data

The historical data trend for Ai-Media 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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Ai-Media Technologies ROCE % Chart

Ai-Media Technologies Annual Data

Trend

Jun21

Jun22

Jun23

ROCE %

-13.94

-3.66

-1.83

Ai-Media Technologies Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-5.30	-2.48	-2.47	-1.25	-0.62

Ai-Media Technologies ROCE % Calculation

Ai-Media Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-1.068	/	( ( (72.135 - 9.496)	+	(67.649 - 13.803) )	/ 2 )
	=	-1.068	/	( (62.639	+	53.846)	/ 2 )
	=	-1.068	/	58.2425
	=	-1.83 %

Ai-Media Technologies'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-0.326	/	( ( (67.649 - 13.803)	+	(60.39 - 9.032) )	/ 2 )
	=	-0.326	/	( ( 53.846	+	51.358 )	/ 2 )
	=	-0.326	/	52.602
	=	-0.62 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Ai-Media Technologies (OTCPK:AINHF) 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.

Ai-Media Technologies ROCE % Related Terms

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Ai-Media Technologies (Ai-Media Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ai-Media Technologies Ltd (OTCPK:AINHF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AIM:Australia

Address

103 Miller Street, Level 1, North Sydney, NSW, AUS, 2060

Website

https://www.ai-media.tv

Ai-Media Technologies Ltd is a provider of live and recorded captioning, transcription, subtitles, translation, and speech analytics using a proprietary, cloud-based technology platform. The company has three operating segments based on geographical locations: Australia and New Zealand, North America (which includes Canada and the United States of America), and the Rest of the world (which includes the United Kingdom, Singapore, and Malaysia) and the majority of its revenue generates from North America.