Airship AI Holdings (Airship AI Holdings) ROCE % : 0.00% (As of Dec. 2023)

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What is Airship AI Holdings 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. Airship AI Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Airship AI Holdings ROCE % Historical Data

The historical data trend for Airship AI Holdings'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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Airship AI Holdings ROCE % Chart

Airship AI Holdings Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

Airship AI Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	-	-	-	-

Airship AI Holdings ROCE % Calculation

Airship AI Holdings'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 )
	=	16.427	/	( ( (3.909 - 6.027)	+	(6.983 - 11.868) )	/ 2 )
	=	16.427	/	( (-2.118	+	-4.885)	/ 2 )
	=	16.427	/	-3.5015
	=	-469.14 %

Airship AI Holdings'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 )
	=	42.446	/	( ( (3.405 - 8.491)	+	(6.983 - 11.868) )	/ 2 )
	=	42.446	/	( ( -5.086	+	-4.885 )	/ 2 )
	=	42.446	/	-4.9855
	=	0 %

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

Airship AI Holdings (NAS:AISP) 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.

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Airship AI Holdings (Airship AI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Airship AI Holdings Inc (NAS:AISP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12226 134th Court NE, Redmond, WA, USA, 98052

Website

https://www.airship.ai

Airship AI Holdings Inc is a U.S.-owned and operated technology company. Airship AI is an AI-driven video, sensor and data management surveillance platform that improves public safety and operational efficiency for public sector and commercial customers by providing predictive analysis of events before it occur and meaningful intelligence to decision makers. Its platform is specifically developed for law enforcement, military, and commercial enterprise organizations that operate in mission-critical environments where failure is not an option.

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