Richtech Robotics (Richtech Robotics) ROCE % : -110.10% (As of Dec. 2023)

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What is Richtech Robotics 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. Richtech Robotics's annualized ROCE % for the quarter that ended in Dec. 2023 was -110.10%.

Richtech Robotics ROCE % Historical Data

The historical data trend for Richtech Robotics'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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Richtech Robotics ROCE % Chart

Richtech Robotics Annual Data

Trend

Sep21

Sep22

Sep23

ROCE %

-265.63

-14.77

7.08

Richtech Robotics Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial					-146.08	-89.74	-91.74	290.37	-110.10

Richtech Robotics ROCE % Calculation

Richtech Robotics's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	0.289	/	( ( (3.938 - 0.741)	+	(7.853 - 2.89) )	/ 2 )
	=	0.289	/	( (3.197	+	4.963)	/ 2 )
	=	0.289	/	4.08
	=	7.08 %

Richtech Robotics'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 )
	=	-9.048	/	( ( (7.853 - 2.89)	+	(12.311 - 0.838) )	/ 2 )
	=	-9.048	/	( ( 4.963	+	11.473 )	/ 2 )
	=	-9.048	/	8.218
	=	-110.10 %

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

Richtech Robotics (NAS:RR) 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.

Richtech Robotics ROCE % Related Terms

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Richtech Robotics (Richtech Robotics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Richtech Robotics Inc (NAS:RR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4175 Cameron Street, Suite 1, Las Vegas, NV, USA, 89103

Website

https://www.richtechrobotics.com

Richtech Robotics Inc is a developer of new robotic technologies focused on transforming labor-intensive services in hospitality and other sectors currently experiencing unprecedented labor shortages. The company designed, manufacture and sell robots to restaurants, hotels, senior living centers, casinos, factories, movie theaters and other businesses. Its robots perform a variety of services including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation. The company designs its robots to be friendly, customizable to client environments, and extremely reliable.

Richtech Robotics (Richtech Robotics) Headlines

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