Toggle3D.ai (XCNQ:TGGL) ROCE % : 0.00% (As of Jan. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Toggle3D.ai 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. Toggle3D.ai's annualized ROCE % for the quarter that ended in Jan. 2024 was 0.00%.

Toggle3D.ai ROCE % Historical Data

The historical data trend for Toggle3D.ai'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.

* Premium members only.

Toggle3D.ai ROCE % Chart

Toggle3D.ai Annual Data

Trend

Dec20

Dec21

Dec22

Jan24

ROCE %

Toggle3D.ai Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial			-	-89.14	-	-67.58	-

Toggle3D.ai ROCE % Calculation

Toggle3D.ai's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Dec. 2022 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Dec. 2022 )		(A: Jan. 2024 )
	=	0	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	0	/	( (0	+	0)	/ 1 )
	=	0	/	0
	=	0 %

Toggle3D.ai's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	0	/	( ( (5.923 - 0.06)	+	(0 - 0) )	/ 1 )
	=	0	/	( ( 5.863	+	0 )	/ 1 )
	=	0	/	5.863
	=	0.00 %

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

Toggle3D.ai (XCNQ:TGGL) 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.

Toggle3D.ai ROCE % Related Terms

Thank you for viewing the detailed overview of Toggle3D.ai's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Toggle3D.ai (XCNQ:TGGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Toggle3D.ai (XCNQ:TGGL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TGGLF:USA Q0C:Germany

Address

Toronto RPO Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://toggle3d.com

Toggle3D.ai is an AR-enhanced standalone web application that enables product designers, 3D artists, marketing professionals and eCommerce site owners to create, customize and publish high-quality 3D models and experiences without any technical or 3D design knowledge required. The Company believes that Toggle3D is the first platform of its kind, and this breakthrough SaaS product is a potential game changer for the manufacturing and design industry, as it provides a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.

Toggle3D.ai (XCNQ:TGGL) Headlines

No Headlines