Marqeta (FRA:8QJ) ROCE % : -16.15% (As of Mar. 2024)

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What is Marqeta 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. Marqeta's annualized ROCE % for the quarter that ended in Mar. 2024 was -16.15%.

Marqeta ROCE % Historical Data

The historical data trend for Marqeta'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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Marqeta ROCE % Chart

Marqeta Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-37.05

-19.20

-17.18

-14.08

-20.33

Marqeta Quarterly Data
	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													-23.70	-19.48	-20.91	-17.41	-16.15

Marqeta ROCE % Calculation

Marqeta'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 )
	=	-259.525	/	( ( (1671.207 - 267.038)	+	(1457.747 - 308.643) )	/ 2 )
	=	-259.525	/	( (1404.169	+	1149.104)	/ 2 )
	=	-259.525	/	1276.6365
	=	-20.33 %

Marqeta'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 )
	=	-183.456	/	( ( (1457.747 - 308.643)	+	(1433.692 - 311.495) )	/ 2 )
	=	-183.456	/	( ( 1149.104	+	1122.197 )	/ 2 )
	=	-183.456	/	1135.6505
	=	-16.15 %

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

Marqeta (FRA:8QJ) 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.

Marqeta ROCE % Related Terms

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Marqeta (FRA:8QJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marqeta Inc (FRA:8QJ) » Definitions » ROCE %

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Address

180 Grand Avenue, 6th Floor, Oakland, CA, USA, 94612

Website

https://www.marqeta.com

Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.

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