Quantum eMotion (TSXV:QNC) ROCE % : -75.92% (As of Sep. 2023)

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What is Quantum eMotion 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. Quantum eMotion's annualized ROCE % for the quarter that ended in Sep. 2023 was -75.92%.

Quantum eMotion ROCE % Historical Data

The historical data trend for Quantum eMotion'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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Quantum eMotion ROCE % Chart

Quantum eMotion Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-54.59

-138.80

-102.88

-86.51

Quantum eMotion Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Sep23
ROCE %	Get a 7-Day Free Trial															-65.42	-39.99	-41.89	-100.96	-75.92

Quantum eMotion ROCE % Calculation

Quantum eMotion's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-2.78	/	( ( (3.101 - 0.334)	+	(4.038 - 0.378) )	/ 2 )
	=	-2.78	/	( (2.767	+	3.66)	/ 2 )
	=	-2.78	/	3.2135
	=	-86.51 %

Quantum eMotion's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Dec. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Dec. 2022 )		(Q: Sep. 2023 )
	=	-2.212	/	( ( (4.038 - 0.378)	+	(2.515 - 0.348) )	/ 2 )
	=	-2.212	/	( ( 3.66	+	2.167 )	/ 2 )
	=	-2.212	/	2.9135
	=	-75.92 %

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

Quantum eMotion (TSXV:QNC) 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.

Quantum eMotion ROCE % Related Terms

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Quantum eMotion (TSXV:QNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Quantum eMotion Inc (TSXV:QNC) » Definitions » ROCE %

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QNCCF:USA

Address

2300 Alfred Nobel Boulevard, Suite 209, Montreal, QC, CAN, H4S 2A4

Website

https://www.quantumemotion.com

Quantum eMotion Inc is dedicated to developing of a new generation of quantum-safe encryption for the quantum computing age. It is a developer of a new generation of cryptographic solutions under the acquisition of licenses. It allows clients and partners to develop secure quantum-safe encryption that can protect anything from consumer and enterprise devices like mobile phones, computers, the Internet of Things, and networking equipment to demanding cloud-based applications, servers, and military devices.

Executives

Marc Rousseau

Director

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