Flow Capital (TSXV:FW) ROCE % : 10.47% (As of Mar. 2024)

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What is Flow Capital 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. Flow Capital's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.47%.

Flow Capital ROCE % Historical Data

The historical data trend for Flow Capital'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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Flow Capital ROCE % Chart

Flow Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.65

17.23

22.61

20.33

1.74

Flow Capital 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															8.06	6.72	5.01	-9.45	10.47

Flow Capital ROCE % Calculation

Flow Capital'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 )
	=	0.923	/	( ( (58.682 - 13.225)	+	(63.593 - 2.865) )	/ 2 )
	=	0.923	/	( (45.457	+	60.728)	/ 2 )
	=	0.923	/	53.0925
	=	1.74 %

Flow Capital'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 )
	=	6.492	/	( ( (63.593 - 2.865)	+	(65.444 - 2.217) )	/ 2 )
	=	6.492	/	( ( 60.728	+	63.227 )	/ 2 )
	=	6.492	/	61.9775
	=	10.47 %

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

Flow Capital (TSXV:FW) 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.

Flow Capital ROCE % Related Terms

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Flow Capital (TSXV:FW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flow Capital Corp (TSXV:FW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AHFCF:USA

Address

1 Adelaide Street East, Suite 3002, P.O. Box 171, Dynamic Funds Tower, Toronto, ON, CAN, M5C 2V9

Website

http://www.flowcap.com

Flow Capital Corp provides founder-friendly growth capital for emerging and high-growth companies in North America and beyond. Through venture debt and revenue-based financing, founders and entrepreneurs are able to access minimally-dilutive capital to help scale their businesses. Geographically, it derives a majority of its revenue from the United States.

Executives

Vernon Lobo

Director

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