Rewalk Robotics (STU:2RW) ROCE % : -53.98% (As of Mar. 2024)

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What is Rewalk 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. Rewalk Robotics's annualized ROCE % for the quarter that ended in Mar. 2024 was -53.98%.

Rewalk Robotics ROCE % Historical Data

The historical data trend for Rewalk 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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Rewalk Robotics ROCE % Chart

Rewalk Robotics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-119.23

-61.71

-22.51

-24.73

-38.43

Rewalk Robotics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-25.87	-32.69	-54.84	-45.03	-53.98

Rewalk Robotics ROCE % Calculation

Rewalk Robotics'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 )
	=	-21.652	/	( ( (70.079 - 4.514)	+	(57.947 - 10.816) )	/ 2 )
	=	-21.652	/	( (65.565	+	47.131)	/ 2 )
	=	-21.652	/	56.348
	=	-38.43 %

Rewalk Robotics's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-23.928	/	( ( (57.947 - 10.816)	+	(50.801 - 9.285) )	/ 2 )
	=	-23.928	/	( ( 47.131	+	41.516 )	/ 2 )
	=	-23.928	/	44.3235
	=	-53.98 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Rewalk Robotics (STU:2RW) 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.

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Rewalk Robotics (STU:2RW) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Rewalk Robotics Ltd (STU:2RW) » Definitions » ROCE %

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RWLK:USA 2RW:Germany

Address

3 Hatnufa Street, P.O. Box 161, Floor 6, Yokneam Ilit, ISR, 2069203

Website

https://www.rewalk.com

ReWalk Robotics Ltd is an Israel based medical device company. It is engaged in designing, developing and commercializing the Rewalk systems which are exoskeletons allowing wheelchair-bound individuals to stand and walk once again. It offers two systems, ReWalk Personal which is designed for every day and all day use by individuals at home and in their communities and is custom-fit for each user; and ReWalk Rehabilitation which is designed for the clinical rehabilitation environment where it provides the user with valuable training exercise and therapy. The company generates maximum revenue from the United States and Europe.

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