DevvStream Holdings (DevvStream Holdings) ROCE % : 0.00% (As of Jan. 2024)

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

DevvStream Holdings ROCE % Historical Data

The historical data trend for DevvStream Holdings'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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DevvStream Holdings ROCE % Chart

DevvStream Holdings Annual Data

Trend

Jul22

Jul23

ROCE %

-1,859.34

DevvStream Holdings Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial				-739.31	-351.01	-2,167.93	-	-

DevvStream Holdings ROCE % Calculation

DevvStream Holdings's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-6.768	/	( ( (4.207 - 3.424)	+	(0.854 - 0.909) )	/ 2 )
	=	-6.768	/	( (0.783	+	-0.055)	/ 2 )
	=	-6.768	/	0.364
	=	-1,859.34 %

DevvStream Holdings'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 )
	=	-6.944	/	( ( (0.214 - 2.996)	+	(0.128 - 4.371) )	/ 2 )
	=	-6.944	/	( ( -2.782	+	-4.243 )	/ 2 )
	=	-6.944	/	-3.5125
	=	0 %

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

DevvStream Holdings (OTCPK:DSTRF) 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.

DevvStream Holdings ROCE % Related Terms

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DevvStream Holdings (DevvStream Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DevvStream Holdings Inc (OTCPK:DSTRF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CQ0:Germany DESG:Canada

Address

2133-1177 W. Hastings Street, Vancouver, BC, CAN, V6E 2K3

Website

https://www.devvstream.com

DevvStream Holdings Inc is an Environmental Social and Governance (ESG) principled, high-tech, impact investing company focused on high quality and high return carbon credit generating projects. DES offers investors exposure to carbon credits, a key instrument used to reduce emissions of carbon dioxide and other greenhouse gases from industrial activities to reduce the effects of global warming.