ApartmentLove (XCNQ:APLV) ROCE % : -73.58% (As of Sep. 2023)

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What is ApartmentLove 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. ApartmentLove's annualized ROCE % for the quarter that ended in Sep. 2023 was -73.58%.

ApartmentLove ROCE % Historical Data

The historical data trend for ApartmentLove'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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ApartmentLove ROCE % Chart

ApartmentLove Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-444.94

-154.08

ApartmentLove Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial									-135.76	-233.15	-104.69	-91.02	-73.58

ApartmentLove ROCE % Calculation

ApartmentLove'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 )
	=	-1.852	/	( ( (0.881 - 0.418)	+	(2.759 - 0.818) )	/ 2 )
	=	-1.852	/	( (0.463	+	1.941)	/ 2 )
	=	-1.852	/	1.202
	=	-154.08 %

ApartmentLove'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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-1.904	/	( ( (1.954 - 0.488)	+	(4.229 - 0.52) )	/ 2 )
	=	-1.904	/	( ( 1.466	+	3.709 )	/ 2 )
	=	-1.904	/	2.5875
	=	-73.58 %

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

ApartmentLove (XCNQ:APLV) 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.

ApartmentLove ROCE % Related Terms

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ApartmentLove (XCNQ:APLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ApartmentLove Inc (XCNQ:APLV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

421 7th Avenue S.W., Suite 1600, Calgary, AB, CAN, T2P 4K9

Website

https://www.apartmentlove.com

ApartmentLove Inc operates an online listing platform intended to serve people from coast to coast and around the world. The company provides online home, apartment, and vacation rental marketing services to property managers, owners, renters, and vacationers in countries around the world, promoting homes, apartments, and vacation properties on its network of websites, and providing its customers with housing solutions.

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