Faraday Future Intelligent Electric (FRA:5VFC) ROCE % : -97.75% (As of Dec. 2023)

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What is Faraday Future Intelligent Electric 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. Faraday Future Intelligent Electric's annualized ROCE % for the quarter that ended in Dec. 2023 was -97.75%.

Faraday Future Intelligent Electric ROCE % Historical Data

The historical data trend for Faraday Future Intelligent Electric'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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Faraday Future Intelligent Electric ROCE % Chart

Faraday Future Intelligent Electric Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-789.77

-141.75

-159.30

Faraday Future Intelligent Electric Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial									-229.15	-179.10	-130.01	-81.71	-97.75

Faraday Future Intelligent Electric ROCE % Calculation

Faraday Future Intelligent Electric'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 )
	=	-393.021	/	( ( (499.648 - 253.223)	+	(486.504 - 239.498) )	/ 2 )
	=	-393.021	/	( (246.425	+	247.006)	/ 2 )
	=	-393.021	/	246.7155
	=	-159.30 %

Faraday Future Intelligent Electric'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 )
	=	-298.592	/	( ( (543.017 - 179.11)	+	(486.504 - 239.498) )	/ 2 )
	=	-298.592	/	( ( 363.907	+	247.006 )	/ 2 )
	=	-298.592	/	305.4565
	=	-97.75 %

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

Faraday Future Intelligent Electric (FRA:5VFC) 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.

Faraday Future Intelligent Electric ROCE % Related Terms

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Faraday Future Intelligent Electric (FRA:5VFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Faraday Future Intelligent Electric Inc (FRA:5VFC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FFIE:USA 5VF0:Germany

Address

18455 S. Figueroa Street, Gardena, CA, USA, 90248

Website

https://www.ff.com

Faraday Future Intelligent Electric Inc is a global shared intelligent mobility ecosystem. It is poised to break the boundaries between the Internet, IT, creative, and auto industries with product and service offerings that integrate new energy, AI, Internet, and sharing models. FF 91 is its first production vehicle and flagship model.

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