Railtown AI Technologies (XCNQ:RAIL) ROCE % : -345.08% (As of Dec. 2023)

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What is Railtown AI Technologies 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. Railtown AI Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was -345.08%.

Railtown AI Technologies ROCE % Historical Data

The historical data trend for Railtown AI Technologies'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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Railtown AI Technologies ROCE % Chart

Railtown AI Technologies Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

ROCE %

-176.73

-919.20

-294.88

-208.77

Railtown AI Technologies Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial									-217.24	-324.34	-171.03	-173.66	-345.08

Railtown AI Technologies ROCE % Calculation

Railtown AI Technologies's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-2.118	/	( ( (0.924 - 0.142)	+	(1.4 - 0.153) )	/ 2 )
	=	-2.118	/	( (0.782	+	1.247)	/ 2 )
	=	-2.118	/	1.0145
	=	-208.77 %

Railtown AI Technologies'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 )
	=	-3.016	/	( ( (1.4 - 0.153)	+	(0.664 - 0.163) )	/ 2 )
	=	-3.016	/	( ( 1.247	+	0.501 )	/ 2 )
	=	-3.016	/	0.874
	=	-345.08 %

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

Railtown AI Technologies (XCNQ:RAIL) 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.

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Railtown AI Technologies (XCNQ:RAIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Railtown AI Technologies Inc (XCNQ:RAIL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RLAIF:USA

Address

8337 Eastlake Drive, Unit 104, Burnaby, BC, CAN, V5A 4W2

Website

https://www.railtown.ai

Railtown AI Technologies Inc is engaged in the business of developing a software-as-a-service artificial intelligence solution that helps software development teams detect, analyze and fix errors quickly in their development projects. Its Platform allows for real-time exception monitoring and alerting which permits developers, team managers and executives to quickly locate, understand and correct errors in their software development projects and their root causes, thereby preventing system and application downtimes.

Executives

Cory Brandolini

10% Security Holder, Director