Quizam Media (XCNQ:QQ) ROCE % : -35.27% (As of Feb. 2024)

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What is Quizam Media 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. Quizam Media's annualized ROCE % for the quarter that ended in Feb. 2024 was -35.27%.

Quizam Media ROCE % Historical Data

The historical data trend for Quizam Media'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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Quizam Media ROCE % Chart

Quizam Media Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

ROCE %

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-260.70

-167.54

-48.68

Quizam Media Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															-23.03	-82.90	-39.31	-94.25	-35.27

Quizam Media ROCE % Calculation

Quizam Media's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	-0.607	/	( ( (2.822 - 1.487)	+	(2.499 - 1.34) )	/ 2 )
	=	-0.607	/	( (1.335	+	1.159)	/ 2 )
	=	-0.607	/	1.247
	=	-48.68 %

Quizam Media's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.292	/	( ( (2.281 - 1.454)	+	(2.087 - 1.258) )	/ 2 )
	=	-0.292	/	( ( 0.827	+	0.829 )	/ 2 )
	=	-0.292	/	0.828
	=	-35.27 %

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

Quizam Media (XCNQ:QQ) 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.

Quizam Media ROCE % Related Terms

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Quizam Media (XCNQ:QQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Quizam Media Corp (XCNQ:QQ) » Definitions » ROCE %

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Address

609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6

Website

http://www.quizammedia.com

Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. It produces and acquires content for both entertainment and corporate education. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.

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