OOOOO Entertainment Commerce (TSXV:OOOO) ROCE % : -214.49% (As of Jul. 2023)

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What is OOOOO Entertainment Commerce 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. OOOOO Entertainment Commerce's annualized ROCE % for the quarter that ended in Jul. 2023 was -214.49%.

OOOOO Entertainment Commerce ROCE % Historical Data

The historical data trend for OOOOO Entertainment Commerce'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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OOOOO Entertainment Commerce ROCE % Chart

OOOOO Entertainment Commerce Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Oct21

Oct22

ROCE %

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-84.47

5.47

-18.83

-8,451.49

-1,256.92

OOOOO Entertainment Commerce Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
ROCE %	Get a 7-Day Free Trial															-180.97	12.75	-300.00	-257.46	-214.49

OOOOO Entertainment Commerce ROCE % Calculation

OOOOO Entertainment Commerce's annualized ROCE % for the fiscal year that ended in Oct. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2022 )		(A: Oct. 2021 )		(A: Oct. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2022 )		(A: Oct. 2021 )		(A: Oct. 2022 )
	=	-11.35	/	( ( (0 - 0)	+	(2.609 - 1.706) )	/ 1 )
	=	-11.35	/	( (0	+	0.903)	/ 1 )
	=	-11.35	/	0.903
	=	-1,256.92 %

OOOOO Entertainment Commerce's ROCE % of for the quarter that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2023 )		(Q: Apr. 2023 )		(Q: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2023 )		(Q: Apr. 2023 )		(Q: Jul. 2023 )
	=	-0.296	/	( ( (2.17 - 1.959)	+	(2.043 - 1.978) )	/ 2 )
	=	-0.296	/	( ( 0.211	+	0.065 )	/ 2 )
	=	-0.296	/	0.138
	=	-214.49 %

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

OOOOO Entertainment Commerce (TSXV:OOOO) 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.

OOOOO Entertainment Commerce ROCE % Related Terms

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OOOOO Entertainment Commerce (TSXV:OOOO) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » OOOOO Entertainment Commerce Ltd (TSXV:OOOO) » Definitions » ROCE %

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OOOOF:USA

Address

C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2

Website

https://www.ooooo.com

OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.

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