OneSoft Solutions (TSXV:OSS) ROCE % : -35.08% (As of Dec. 2023)

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What is OneSoft Solutions 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. OneSoft Solutions's annualized ROCE % for the quarter that ended in Dec. 2023 was -35.08%.

OneSoft Solutions ROCE % Historical Data

The historical data trend for OneSoft Solutions'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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OneSoft Solutions ROCE % Chart

OneSoft Solutions Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-62.01

-40.59

-67.56

-73.51

-45.64

OneSoft Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-74.47	-86.62	-84.71	8.64	-35.08

OneSoft Solutions ROCE % Calculation

OneSoft Solutions'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 )
	=	-1.487	/	( ( (6.711 - 3.392)	+	(7.142 - 3.945) )	/ 2 )
	=	-1.487	/	( (3.319	+	3.197)	/ 2 )
	=	-1.487	/	3.258
	=	-45.64 %

OneSoft Solutions'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 )
	=	-1.092	/	( ( (8.613 - 5.584)	+	(7.142 - 3.945) )	/ 2 )
	=	-1.092	/	( ( 3.029	+	3.197 )	/ 2 )
	=	-1.092	/	3.113
	=	-35.08 %

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

OneSoft Solutions (TSXV:OSS) 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.

OneSoft Solutions ROCE % Related Terms

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OneSoft Solutions (TSXV:OSS) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » OneSoft Solutions Inc (TSXV:OSS) » Definitions » ROCE %

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OSSIF:USA

Address

10230 Jasper Avenue, Suite 4227, Enterprise Square, Edmonton, AB, CAN, T5J 4P6

Website

https://www.onesoft.ca

OneSoft Solutions Inc is a provider of software solutions for select markets, all of which are developed using Microsoft's new Cloud technologies. Its mission is to acquire, manage and build next-generation software businesses that will provide specialized, mission-critical cloud software solutions to address customer needs. It has developed software technology and products that have the capability to transition legacy, on-premise licensed software applications to operate on the Microsoft Azure Cloud Platform. It seeks opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. The Company generates it's majority of the revenue from USA..

Executives

David Shong-tak Tam

Senior Officer