QuantGate Systems (QuantGate Systems) ROCE % : 0.00% (As of Nov. 2023)

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What is QuantGate Systems 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. QuantGate Systems's annualized ROCE % for the quarter that ended in Nov. 2023 was 0.00%.

QuantGate Systems ROCE % Historical Data

The historical data trend for QuantGate Systems'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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QuantGate Systems ROCE % Chart

QuantGate Systems Annual Data

Trend

May11

May12

May13

May14

May15

May16

May20

May21

May22

May23

ROCE %

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-47.42

-7.47

-62.79

-524.19

QuantGate Systems Quarterly Data
	Feb16	May16	Aug16	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

QuantGate Systems ROCE % Calculation

QuantGate Systems's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	-1.103	/	( ( (1.316 - 1.472)	+	(0.946 - 2.363) )	/ 2 )
	=	-1.103	/	( (-0.156	+	-1.417)	/ 2 )
	=	-1.103	/	-0.7865
	=	140.24 %

QuantGate Systems's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	-0.524	/	( ( (0.919 - 2.653)	+	(0.91 - 2.638) )	/ 2 )
	=	-0.524	/	( ( -1.734	+	-1.728 )	/ 2 )
	=	-0.524	/	-1.731
	=	0 %

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

QuantGate Systems (OTCPK:QGSI) 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.

QuantGate Systems ROCE % Related Terms

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QuantGate Systems (QuantGate Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » QuantGate Systems Inc (OTCPK:QGSI) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

99 Wall Street, Suite 1701, New York, NY, USA, 10005

Website

https://www.quantgatesystems.com

QuantGate Systems Inc is a Fintech company, developing Artificial Intelligence, Machine Learning and big-data processing algorithms and analytics to deliver SaaS solutions and seamless API integration. Pilot Trading is a wholly owned subsidiary of the company. Its core intelligence identifies investment opportunities across multiple asset classes, rooted in the financial markets, and for cryptocurrency exchanges, enabling valued clients to make better informed investment decisions. Turnkey solutions and efficient API's, founded on robust and scalable SaaS architecture, allow third party integration for onboarding existing users, and scaling globally.

Executives

Jack J. Bensimon	officer: Chief Executive Officer	34 KING ST. E. SUITE 1010, TORONTO A6 M5C 2X8
Ontario 1476448	10 percent owner	1927 SHELLARD ROAD, CAMBRIDGE A6 N1R 5S7
Murray Simser	officer: CEO and President	C/O MOBILE INTEGRATED SYSTEMS, INC., 25 ADELAIDE STREET EAST, SUITE 502, TORONTO A6 M5C 3A1
Benjamin Chesir	other: Former Director	ONE NORTH END AVENUE, WORLD FINANCIAL CENTER, NEW YORK NY 10282
Richard Schaeffer	other: Former Director	C/O LIQUID HOLDINGS GROUP, INC., 800 THIRD AVE., 39TH FLOOR, NEW YORK NY 10022
Emlyn David	director, officer: Chief Executive Officer	SUITE 502, 25 ADELAIDE STREET, TORONTO A6 M5C 3A1
James Mcgovern	other: Former Director	C/O LOTO INC., 25 ADELAIDE STREET EAST, 502, TORONTO A6 M5C 3A1
Fulvio Ciano	officer: President and CTO	142 BANFF RD., TORONTO A6 M4P 2P7
Todd Halpern	director	C/O LOTO INC., 25 ADELAIDE STREET EAST, 502, TORONTO A6 M5C 3A1
2238646 Ontario Inc.	10 percent owner	23 BEDFORD ROAD, TORONTO A6 M5R 2J9
Alan Ralph	director	48 ROYAL HENLEY BLVD., ST. CATHARINES A6 L2N4S1
J Trevor Eyton	director	PO BOX 723040, ATLANTA GA 30339
Baker A. Stephen	officer: Chief Technology Officer	2361 SOUTHCOTT ROAD, PICKERING A6 L1X 2T3
Jason Randall Barrs	director	23 BEDFORD ROAD, TORONTO A6 M5R 2J9
Donald Ziraldo	director	15468 NIAGARA PARKWAY, NIAGARA ON THE LAKE A6 L0S 1J0

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