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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. Lendway's annualized ROCE % for the quarter that ended in Dec. 2023 was -13.60%.
The historical data trend for Lendway'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.
Lendway Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
ROCE % | Get a 7-Day Free Trial | -27.86 | -48.43 | -57.86 | -27.74 | -24.13 |
Lendway Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
ROCE % | Get a 7-Day Free Trial | -22.41 | 42.66 | -4.38 | -41.90 | -13.60 |
Lendway'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 ) | |||||
= | -3.519 | / | ( ( (20.968 - 7.374) | + | (16.673 - 1.096) ) | / 2 ) | |
= | -3.519 | / | ( (13.594 | + | 15.577) | / 2 ) | |
= | -3.519 | / | 14.5855 | ||||
= | -24.13 % |
Lendway'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: Sep. 2023 ) | (Q: Dec. 2023 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Dec. 2023 ) | (Q: Sep. 2023 ) | (Q: Dec. 2023 ) | |||||
= | -2.144 | / | ( ( (17.638 - 1.695) | + | (16.673 - 1.096) ) | / 2 ) | |
= | -2.144 | / | ( ( 15.943 | + | 15.577 ) | / 2 ) | |
= | -2.144 | / | 15.76 | ||||
= | -13.60 % |
(1) Note: The EBIT data used here is four times the quarterly (Dec. 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.
Lendway (NAS:LDWY) 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.
Thank you for viewing the detailed overview of Lendway's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mary Herfurth | director | 212 THIRD AVENUE NORTH, STE. 356, MINNEAPOLIS MN 55401 |
Matthew Kelly | director | 212 THIRD AVENUE NORTH, SUITE 356, MINNEAPOLIS MN 55401 |
Nicholas John Swenson | director, 10 percent owner | 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416 |
Randy D. Uglem | officer: Sr Vice President of Lending | 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401 |
Daniel C. Philp | director | 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401 |
Mark Jundt | director | 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401 |
Zackery Weber | officer: Sr Dir Fin Plng-Interim PAO | 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445 |
Air T Inc | 10 percent owner | 11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262 |
Funicular Fund, Lp | 10 percent owner | 2261 MARKET STREET, #4307, SAN FRANCISCO CA 94114 |
Chad Bruce Johnson | director | 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445 |
Cable Car Capital Llc | 10 percent owner | 2261 MARKET STREET #4307, SAN FRANCISCO CA 94114 |
Adam D May | officer: CHIEF GROWTH OFFICER | 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445 |
Loren A Unterseher | director | 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445 |
Kristine A Glancy | officer: Chief Executive Officer | 8799 BROOKLYN BLVD., MINNEAPOLIS MN 55445 |
Suzanne L Clarridge | director | 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445 |
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