Hold Me (Hold Me) ROCE % : 0.00% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Hold Me 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. Hold Me's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Hold Me ROCE % Historical Data

The historical data trend for Hold Me'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.

Hold Me ROCE % Chart

Hold Me Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

Hold Me Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
ROCE %	-	-	-	-

Hold Me ROCE % Calculation

Hold Me'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 )
	=	0.073	/	( ( (0.191 - 0.742)	+	(0.267 - 0.769) )	/ 2 )
	=	0.073	/	( (-0.551	+	-0.502)	/ 2 )
	=	0.073	/	-0.5265
	=	-13.87 %

Hold Me's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	0.073	/	( ( (0.191 - 0.742)	+	(0.267 - 0.769) )	/ 2 )
	=	0.073	/	( ( -0.551	+	-0.502 )	/ 2 )
	=	0.073	/	-0.5265
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

Hold Me (OTCPK:HMELF) 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.

Hold Me ROCE % Related Terms

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

Hold Me (Hold Me) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hold Me Ltd (OTCPK:HMELF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Golomb Street, Ness Ziyona, ISR, 7401337

Website

http://www.holdme.co.il

Hold Me Ltd Is a commercial software company. Its platform provides the technical infrastructure through Amazon Cloud to customers, using Application Programming Interface, or API. It connects brands, merchants, retailers, financial institutions, insurance companies, and other organizations with clients through innovative digital payment solutions. The company's product portfolio consists of a digital wallet platform (used for commercial engagement of brands with their end customers) and a digital banking service that can be used for innovation and development purposes by financial institutions. It generates the majority of its revenues through license fees.

Hold Me (Hold Me) Headlines

No Headlines