Akerna (Akerna) ROCE % : 0.00% (As of Sep. 2023)

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What is Akerna 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. Akerna's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Akerna ROCE % Historical Data

The historical data trend for Akerna'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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Akerna ROCE % Chart

Akerna Annual Data

Trend

Dec17

Dec18

Jun19

Jun20

Dec21

Dec22

ROCE %

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-3.12

-31.07

-50.40

-56.75

-188.50

Akerna Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-63.93	-1,621.70	-	-	-

Akerna ROCE % Calculation

Akerna'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 )
	=	-58.488	/	( ( (94.483 - 29.171)	+	(19.468 - 22.725) )	/ 2 )
	=	-58.488	/	( (65.312	+	-3.257)	/ 2 )
	=	-58.488	/	31.0275
	=	-188.50 %

Akerna's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-6.74	/	( ( (6.411 - 12.079)	+	(4.181 - 12.53) )	/ 2 )
	=	-6.74	/	( ( -5.668	+	-8.349 )	/ 2 )
	=	-6.74	/	-7.0085
	=	0 %

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

Akerna (NAS:KERN) 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.

Akerna ROCE % Related Terms

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Akerna (Akerna) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Akerna Corp (NAS:KERN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1550 Larimer Street, No 246, Denver, CO, USA, 80202

Website

https://www.akerna.com

Akerna Corp is a United States-based company provider of enterprise software solutions within the cannabis industry. It offers MJ Platform and Leaf Data Systems which are platforms that provide clients and government entities with a central data management system for tracking regulated cannabis products from seed to product to shelf to customers through the supply chain. It has two sources of revenue software and consulting services, and the majority of the revenue comes from commercial software platforms.

Executives

Mj Bridge Co., Inc.	10 percent owner	16192 COASTAL HIGHWAY, LEWES DE 19958
Barry Fishman	director	C/O AKERNA CORP., 1550 LARIMER STREET, SUITE 246, DENVER CO 80202
Matthew Ryan Kane	director	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Thompson Cecil Ray Jr	officer: Chief Operating Officer	1630 WELTON ST, SUITE 400, DENVER CO 80201
David R Mccullough	officer: Chief Technology Officer	C/O AKERNA CORP., 1630 WELTON STREET - 4TH FLOOR, DENVER CO 80202
Jessica Billingsley	director, 10 percent owner, officer: Chief Executive Officer	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Amy A. Poinsett Revocable Living Trust	10 percent owner	601 16TH STREET, SUITE C-420, GOLDEN CO 80403
Fowle John Michael Jr	officer: Chief Financial Officer	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Tahira Rehmatullah	director	C/O AKERNA CORP., 1601 ARAPAHOE STREET, DENVER CO 32836
Ashesh C Shah	director	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Nina Simosko	officer: Chief Revenue Officer	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Scott Sozio	director	BAY HARBOUR MANAGEMENT, 885 THIRD AVENUE, 34TH FLOOR, NEW YORK NY 10022
Jessica Billingsley Living Trust	10 percent owner	1601 ARAPAHOE STREET, DENVER CO 80202
Amy A. Poinsett	10 percent owner	601 16TH STREET, SUITE C-420, GOLDEN CO 80401
Mtech Sponsor Llc	10 percent owner	10124 FOXHURST CT, ORLANDO FL 32836