Trustfeed (Trustfeed) ROCE % : 0.00% (As of Mar. 2024)

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What is Trustfeed 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. Trustfeed's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Trustfeed ROCE % Historical Data

The historical data trend for Trustfeed'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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Trustfeed ROCE % Chart

Trustfeed Annual Data

Trend

Dec07

Dec08

Dec09

Dec22

Dec23

ROCE %

-64.71

-340.00

-363.64

-186.60

-313.95

Trustfeed Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-193.55	-313.79	-246.96	-144.00	-

Trustfeed ROCE % Calculation

Trustfeed'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 )
	=	-0.27	/	( ( (0.261 - 0.075)	+	(0 - 0.014) )	/ 2 )
	=	-0.27	/	( (0.186	+	-0.014)	/ 2 )
	=	-0.27	/	0.086
	=	-313.95 %

Trustfeed'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 )
	=	-0.276	/	( ( (0 - 0.014)	+	(0 - 0.083) )	/ 2 )
	=	-0.276	/	( ( -0.014	+	-0.083 )	/ 2 )
	=	-0.276	/	-0.0485
	=	0 %

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

Trustfeed (OTCPK:TRFE) 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.

Trustfeed ROCE % Related Terms

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