Newegg Commerce (FRA:J8D) ROCE % : -25.22% (As of Dec. 2023)

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What is Newegg Commerce 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. Newegg Commerce's annualized ROCE % for the quarter that ended in Dec. 2023 was -25.22%.

Newegg Commerce ROCE % Historical Data

The historical data trend for Newegg Commerce'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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Newegg Commerce ROCE % Chart

Newegg Commerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

19.50

14.54

-17.56

-26.78

Newegg Commerce Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial								-18.01	-14.60	-	-28.97	-25.22

Newegg Commerce ROCE % Calculation

Newegg Commerce'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 )
	=	-54.223	/	( ( (511.738 - 292.421)	+	(457.626 - 271.931) )	/ 2 )
	=	-54.223	/	( (219.317	+	185.695)	/ 2 )
	=	-54.223	/	202.506
	=	-26.78 %

Newegg Commerce'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 )
	=	-48.02	/	( ( (392.151 - 197.108)	+	(457.626 - 271.931) )	/ 2 )
	=	-48.02	/	( ( 195.043	+	185.695 )	/ 2 )
	=	-48.02	/	190.369
	=	-25.22 %

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

Newegg Commerce (FRA:J8D) 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.

Newegg Commerce ROCE % Related Terms

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Newegg Commerce (FRA:J8D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Newegg Commerce Inc (FRA:J8D) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NEGG:USA J8D1:Germany

Address

17560 Rowland Street, City of Industry, CA, USA, 91748

Website

https://www.newegg.com

Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.

Newegg Commerce (FRA:J8D) Headlines

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