V-cube (FRA:VCU) ROCE % : -243.39% (As of Dec. 2023)

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What is V-cube 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. V-cube's annualized ROCE % for the quarter that ended in Dec. 2023 was -243.39%.

V-cube ROCE % Historical Data

The historical data trend for V-cube'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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V-cube ROCE % Chart

V-cube Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.14

19.67

8.87

1.82

-62.54

V-cube Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-14.73	4.07	0.12	-22.86	-243.39

V-cube ROCE % Calculation

V-cube'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 )
	=	-26.684	/	( ( (118.193 - 65.243)	+	(78.523 - 46.134) )	/ 2 )
	=	-26.684	/	( (52.95	+	32.389)	/ 2 )
	=	-26.684	/	42.6695
	=	-62.54 %

V-cube'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 )
	=	-97.376	/	( ( (114.552 - 66.925)	+	(78.523 - 46.134) )	/ 2 )
	=	-97.376	/	( ( 47.627	+	32.389 )	/ 2 )
	=	-97.376	/	40.008
	=	-243.39 %

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

V-cube (FRA:VCU) 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.

V-cube ROCE % Related Terms

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V-cube (FRA:VCU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » V-cube Inc (FRA:VCU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

3681:Japan

Address

Nakameguro GT Tower 20F, Kamimeguro 2-1-1, Tokyo, JPN, 153-0051

Website

http://jp.vcube.com

V-cube Inc operates in three segments, namely Event DX, Third Place DX, and Enterprise DX. Event DX Business includes remoting events in various fields; and Product provision, operational design, direction operation, log analysis, and other operational support. Third Place DX Business includes providing Telecube to companies and the public sector; and Higher value-added Telecube and development and deployment of third-place management and operation system. Enterprise DX business includes remote communication products for internal and external companies; and development, provision, and operational support of industry/application-specific remote communication products using SDK and hardware.

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