Atomic Jelly (WAR:ATJ) ROCE % : -13.69% (As of Mar. 2024)

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What is Atomic Jelly 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. Atomic Jelly's annualized ROCE % for the quarter that ended in Mar. 2024 was -13.69%.

Atomic Jelly ROCE % Historical Data

The historical data trend for Atomic Jelly'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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Atomic Jelly ROCE % Chart

Atomic Jelly Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-3.77

-10.07

-31.30

-9.68

Atomic Jelly Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial												-10.11	-8.95	2.13	-21.80	-13.69

Atomic Jelly ROCE % Calculation

Atomic Jelly'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 )
	=	-0.218	/	( ( (2.372 - 0.009)	+	(2.251 - 0.11) )	/ 2 )
	=	-0.218	/	( (2.363	+	2.141)	/ 2 )
	=	-0.218	/	2.252
	=	-9.68 %

Atomic Jelly'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 )
	=	-0.288	/	( ( (2.251 - 0.11)	+	(2.23 - 0.163) )	/ 2 )
	=	-0.288	/	( ( 2.141	+	2.067 )	/ 2 )
	=	-0.288	/	2.104
	=	-13.69 %

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

Atomic Jelly (WAR:ATJ) 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.

Atomic Jelly ROCE % Related Terms

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Atomic Jelly (WAR:ATJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Atomic Jelly SA (WAR:ATJ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Na Miasteczku 12 lok. B220, Poznan, POL

Website

https://www.atomic-jelly.com

Atomic Jelly SA operates in the video game market. The company aims to produce and publish computer games. Some of the games offered by the company include Space Mechanic Simulator, Truck Mechanic Simulator, Space Mechanic Simulator, and Project Remedium.

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