GURUFOCUS.COM » STOCK LIST » Technology » Software » Digimarc Corp (NAS:DMRC) » Definitions » ROCE %

Digimarc (Digimarc) ROCE % : -54.84% (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Digimarc 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. Digimarc's annualized ROCE % for the quarter that ended in Mar. 2024 was -54.84%.


Digimarc ROCE % Historical Data

The historical data trend for Digimarc'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.

* Premium members only.

Digimarc ROCE % Chart

Digimarc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.66 -47.15 -55.21 -75.74 -55.87

Digimarc Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -60.17 -49.59 -55.65 -61.48 -54.84

Digimarc ROCE % Calculation

Digimarc'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 )
=-47.957/( ( (113.777 - 10.134) + (80.552 - 12.525) )/ 2 )
=-47.957/( (103.643+68.027)/ 2 )
=-47.957/85.835
=-55.87 %

Digimarc's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-43.428/( ( (80.552 - 12.525) + (99.719 - 9.356) )/ 2 )
=-43.428/( ( 68.027 + 90.363 )/ 2 )
=-43.428/79.195
=-54.84 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

* 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.


Digimarc  (NAS:DMRC) 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.


Digimarc ROCE % Related Terms

Thank you for viewing the detailed overview of Digimarc's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Digimarc (Digimarc) Business Description

Traded in Other Exchanges
Address
8500 SW Creekside Place, Beaverton, OR, USA, 97008
Digimarc Corp provides automatic identification solutions to commercial and government customers and license technology and patented inventions to solution providers. Its Digimarc Platform applies a unique identities to virtually all media objects including product packaging, commercial print, audio and video that can be automatically identified by an enabled ecosystem of industrial scanners, smartphones and other interfaces. The company generates revenue through commercial and government applications of its technology. The company derives its revenue primarily from software development services, subscriptions for products and related services, and licensing of patents.
Executives
Thomas Benton officer: EVP, Chief Revenue Officer 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Lashonda Anderson-williams director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Andrew Walter director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Tony Rodriguez officer: Chief Technology Officer 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Ken Sickles officer: EVP, Chief Product Officer 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Kathleen Kool director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Vincent C Smith 10 percent owner 2560 EAST CHAPMAN AVENUE, #173, ORANGE CA 92869
Milena Alberti-perez director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Riley Mccormack director, 10 percent owner 2555 LAKE AVE, MIAMI BEACH FL 33140
Alicia Syrett director 2420 17TH STREET, SUITE 220, DENVER CO 80202
Ravi Kumar Singisetti director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Sandeep Dadlani director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Sheela Zemlin director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
James T Richardson director 01396 SW MILITARY ROAD, PORTLAND OR 97219
Bernard Whitney director