Eventiko (Eventiko) ROCE % : 0.00% (As of Jan. 2024)

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

Eventiko ROCE % Historical Data

The historical data trend for Eventiko'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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Eventiko ROCE % Chart

Eventiko Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

ROCE %

-200.00

-1,050.00

Eventiko Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial											-	-	-	-	-

Eventiko ROCE % Calculation

Eventiko'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 )
	=	-0.01	/	( ( (0.002 - 0.01)	+	(0.017 - 0.035) )	/ 2 )
	=	-0.01	/	( (-0.008	+	-0.018)	/ 2 )
	=	-0.01	/	-0.013
	=	76.92 %

Eventiko'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 )
	=	-0.02	/	( ( (0 - 0.006)	+	(0 - 0.01) )	/ 2 )
	=	-0.02	/	( ( -0.006	+	-0.01 )	/ 2 )
	=	-0.02	/	-0.008
	=	0 %

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

Eventiko (OTCPK:EVTK) 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.

Eventiko ROCE % Related Terms

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Eventiko (Eventiko) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Eventiko Inc (OTCPK:EVTK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

54/27 Nawamin Road, Nuanchan, Bueng Kum, Bangkok, THA, 10230

Website

Eventiko Inc organizes fashion events, parties, exhibitions, festivals, and ceremonies in Thailand.

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