Metavesco (Metavesco) ROCE % : -1,127.54% (As of Jun. 2023)

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What is Metavesco 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. Metavesco's annualized ROCE % for the quarter that ended in Jun. 2023 was -1,127.54%.

Metavesco ROCE % Historical Data

The historical data trend for Metavesco'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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Metavesco ROCE % Chart

Metavesco Annual Data

Trend

Jun08

Jun09

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-1,480.54

-201.70

Metavesco Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial															-556.45	-45.16	-156.56	75.47	-1,127.54

Metavesco ROCE % Calculation

Metavesco's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-0.475	/	( ( (0.484 - 0.127)	+	(0.336 - 0.222) )	/ 2 )
	=	-0.475	/	( (0.357	+	0.114)	/ 2 )
	=	-0.475	/	0.2355
	=	-201.70 %

Metavesco'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 )
	=	-1.556	/	( ( (0.457 - 0.295)	+	(0.336 - 0.222) )	/ 2 )
	=	-1.556	/	( ( 0.162	+	0.114 )	/ 2 )
	=	-1.556	/	0.138
	=	-1,127.54 %

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

Metavesco (OTCPK:MVCO) 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.

Metavesco ROCE % Related Terms

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Metavesco (Metavesco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Metavesco Inc (OTCPK:MVCO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

410 Peachtree Pkwy, Suite 4245, Cumming, GA, USA, 30041

Website

https://www.metavesco.com

Metavesco Inc is a web3 enterprise and digital asset innovator. It has three areas of focus which include Liquidity Provider, Staking, and NFTs. The company has bitcoin mining operations at its hosted facilities in TX and KY. It generates income as a liquidity provider, via decentralized exchanges such as Uniswap.

Executives

Whiting Chisman	director
Franklin P Earley	director, officer: CEO	2505 CHEYNE WALK, VIRGINIA BEACH VA 23454
Marvin S Friedberg	director	PO BOX 826, VIRGINIA BEACH VA 23451
Eric L Fox	director
Litton T Richard Jr	director	1051 CAMBRIDGE CRESCENT, NORFOLK VA 23508
Lex W Troutman	officer: Vice President	1332 CLONCURRY ROAD, NORFOLK VA 23505
Martin N Speroni	officer: Vice President	793 CHIPPENDALE DRIVE, VIRGINIA BEACH VA 23455
Ernest Hardee	director
Meredith Peter M Jr	director	MEREDITH CONSTRUCTION CO., INC., PO BOX 11265, NORFOLK VA 23517-0265
J Alan Lindauer	director, officer: President/CEO	500 E MAIN STREET #8700, NORFOLK VA 23510
Harris Henry V Iii	director
Richard G Ornstein	director