EBR Systems (EBR Systems) ROCE % : -37.28% (As of Jun. 2023)

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What is EBR Systems 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. EBR Systems's annualized ROCE % for the quarter that ended in Jun. 2023 was -37.28%.

EBR Systems ROCE % Historical Data

The historical data trend for EBR Systems'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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EBR Systems ROCE % Chart

EBR Systems Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-26.66

-43.88

-44.21

EBR Systems Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	-39.59	-42.47	-37.28	-41.48

EBR Systems ROCE % Calculation

EBR Systems's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-30.552	/	( ( (71.679 - 5.93)	+	(78.898 - 6.448) )	/ 2 )
	=	-30.552	/	( (65.749	+	72.45)	/ 2 )
	=	-30.552	/	69.0995
	=	-44.21 %

EBR Systems's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-28.264	/	( ( (71.679 - 5.93)	+	(90.379 - 4.497) )	/ 2 )
	=	-28.264	/	( ( 65.749	+	85.882 )	/ 2 )
	=	-28.264	/	75.8155
	=	-37.28 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

EBR Systems (OTCPK:EBRCZ) 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.

EBR Systems ROCE % Related Terms

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EBR Systems (EBR Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » EBR Systems Inc (OTCPK:EBRCZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EBR:Australia

Address

480 Oakmead Parkway, Sunnyvale, CA, USA, 94085

Website

https://www.ebrsystemsinc.com

EBR Systems Inc is engaged in treatment for patients suffering from cardiac rhythm diseases by developing therapies using wireless cardiac stimulation. The company's Wise CRT System uses proprietary wireless technology to deliver pacing stimulation directly inside of the left ventricle of the heart.

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