Connexa Sports Technologies (Connexa Sports Technologies) ROCE % : 0.00% (As of Jan. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Connexa Sports 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. Connexa Sports Technologies's annualized ROCE % for the quarter that ended in Jan. 2024 was 0.00%.

Connexa Sports Technologies ROCE % Historical Data

The historical data trend for Connexa Sports 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.

* Premium members only.

Connexa Sports Technologies ROCE % Chart

Connexa Sports Technologies Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

Get a 7-Day Free Trial

-311.11

-416.12

-208.14

Connexa Sports Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-163.36	-	-	-	-

Connexa Sports Technologies ROCE % Calculation

Connexa Sports Technologies's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-20.005	/	( ( (74.863 - 38.981)	+	(7.108 - 23.767) )	/ 2 )
	=	-20.005	/	( (35.882	+	-16.659)	/ 2 )
	=	-20.005	/	9.6115
	=	-208.14 %

Connexa Sports Technologies'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 )
	=	-13.344	/	( ( (5.464 - 18.462)	+	(21.746 - 16.456) )	/ 2 )
	=	-13.344	/	( ( -12.998	+	5.29 )	/ 2 )
	=	-13.344	/	-3.854
	=	0 %

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

Connexa Sports Technologies (NAS:YYAI) 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.

Connexa Sports Technologies ROCE % Related Terms

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

Connexa Sports Technologies (Connexa Sports Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Connexa Sports Technologies Inc (NAS:YYAI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2709 North Rolling Road, Suite 138, Windsor Mill, Baltimore, MD, USA, 21244

Website

https://www.connexasports.com

Connexa Sports Technologies Inc is a connected sports company delivering products, technologies and services across the Watch, Play, Learn commercial and subscription-as-a-service activities in sports. Digital disruption is restructuring how sports are enjoyed, consumed and monetized. Its portfolio of brands includes Slinger and GAMEFACE.AI.

Executives

Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Mark Frederick Radom	officer: GENERAL COUNSEL	2709 NORTH ROLLING ROAD, SUITE 138, WINDSOR MILL, BALTIMORE MD 21244
Mike Ballardie	director, officer: CEO and Director	2709 NORTH ROLLING ROAD,, SUITE 138, WINDSOR MILL,, BALTIMORE MD 21244
Jason Paul Seifert	officer: CHIEF FINANCIAL OFFICER	2420 BRIXHAM AVENUE, ORLANDO FL 32828
Yonah Kalfa	10 percent owner	9 RABAN GAMLIEL, RAANANA L3 434024