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Movella Holdings (FRA:Z5K) ROCE % : -42.22% (As of Jun. 2023)


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What is Movella 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. Movella Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -42.22%.


Movella Holdings ROCE % Historical Data

The historical data trend for Movella 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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Movella Holdings ROCE % Chart

Movella Holdings Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
-9.23 -0.68 -2.57

Movella Holdings Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
ROCE % Get a 7-Day Free Trial -6.85 -30.56 -27.18 27.82 -42.22

Movella Holdings ROCE % Calculation

Movella Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-7.59/( ( (288.3 - 0.746) + (310.383 - 7.842) )/ 2 )
=-7.59/( (287.554+302.541)/ 2 )
=-7.59/295.0475
=-2.57 %

Movella Holdings'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: Mar. 2023 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-51.568/( ( (139.281 - 13.598) + (129.697 - 11.122) )/ 2 )
=-51.568/( ( 125.683 + 118.575 )/ 2 )
=-51.568/122.129
=-42.22 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

* 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.


Movella Holdings  (FRA:Z5K) 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.


Movella Holdings ROCE % Related Terms

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Movella Holdings (FRA:Z5K) Business Description

Traded in Other Exchanges
Address
3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Movella Holdings Inc is a full-stack provider of sensors, software, and analytics that enable the digitization of movement. It serves the entertainment, health & sports, and automation & mobility markets.

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