EV Digital Invest INH AKT (FRA:ENGL) ROCE % : -77.19% (As of Dec. 2023)

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What is EV Digital Invest INH AKT 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. EV Digital Invest INH AKT's annualized ROCE % for the quarter that ended in Dec. 2023 was -77.19%.

EV Digital Invest INH AKT ROCE % Historical Data

The historical data trend for EV Digital Invest INH AKT'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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EV Digital Invest INH AKT ROCE % Chart

EV Digital Invest INH AKT Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-92.73

-117.37

1.29

-51.38

-55.93

EV Digital Invest INH AKT Semi-Annual Data
	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	-74.82	-18.78	-38.92	-77.19

EV Digital Invest INH AKT ROCE % Calculation

EV Digital Invest INH AKT'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 )
	=	-3.692	/	( ( (8.46 - 0.471)	+	(5.673 - 0.46) )	/ 2 )
	=	-3.692	/	( (7.989	+	5.213)	/ 2 )
	=	-3.692	/	6.601
	=	-55.93 %

EV Digital Invest INH AKT'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 )
	=	-4.55	/	( ( (7.175 - 0.599)	+	(5.673 - 0.46) )	/ 2 )
	=	-4.55	/	( ( 6.576	+	5.213 )	/ 2 )
	=	-4.55	/	5.8945
	=	-77.19 %

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

EV Digital Invest INH AKT (FRA:ENGL) 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.

EV Digital Invest INH AKT ROCE % Related Terms

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EV Digital Invest INH AKT (FRA:ENGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » EV Digital Invest INH AKT (FRA:ENGL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ENGL:Germany

Address

Joachimsthaler Str. 12, Berlin, DEU, 10719

Website

https://www.ev-digitalinvest.de

EV Digital Invest INH AKT provides a digital investment platform for real estate and offers private investors the opportunity to participate in selected real estate projects as co-investors.

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