Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) ROCE % : -5.07% (As of Dec. 2022)

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What is Zapp Electric Vehicles Group 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. Zapp Electric Vehicles Group's annualized ROCE % for the quarter that ended in Dec. 2022 was -5.07%.

Zapp Electric Vehicles Group ROCE % Historical Data

The historical data trend for Zapp Electric Vehicles Group'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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Zapp Electric Vehicles Group ROCE % Chart

Zapp Electric Vehicles Group Annual Data

Trend

Dec21

Dec22

ROCE %

-0.53

-1.89

Zapp Electric Vehicles Group Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
ROCE %	Get a 7-Day Free Trial			-2.04	-1.09	-1.12	-0.28	-5.07

Zapp Electric Vehicles Group ROCE % Calculation

Zapp Electric Vehicles Group'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 )
	=	-5.493	/	( ( (293.122 - 1.333)	+	(296.178 - 5.502) )	/ 2 )
	=	-5.493	/	( (291.789	+	290.676)	/ 2 )
	=	-5.493	/	291.2325
	=	-1.89 %

Zapp Electric Vehicles Group's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	-14.748	/	( ( (294.14 - 2.496)	+	(296.178 - 5.502) )	/ 2 )
	=	-14.748	/	( ( 291.644	+	290.676 )	/ 2 )
	=	-14.748	/	291.16
	=	-5.07 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Zapp Electric Vehicles Group (NAS:CIIGU) 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.

Zapp Electric Vehicles Group ROCE % Related Terms

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Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zapp Electric Vehicles Group Ltd (NAS:CIIGU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Technology Park, Colindeep Lane, London, GBR, NW9 6BX

Website

https://www.zappev.com

Zapp Electric Vehicles Group Ltd is an electric motorcycle company run by a team of experts from the mobility industry. The i300 is the first in a suite of high-performance electric two-wheelers expected to come to market from Zapp. The company plans to offer a high-quality direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer).