DataMetrex AI (TSXV:DM) ROCE % : -44.54% (As of Sep. 2023)

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What is DataMetrex AI 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. DataMetrex AI's annualized ROCE % for the quarter that ended in Sep. 2023 was -44.54%.

DataMetrex AI ROCE % Historical Data

The historical data trend for DataMetrex AI'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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DataMetrex AI ROCE % Chart

DataMetrex AI Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-82.51

-83.19

-126.52

63.36

-54.35

DataMetrex AI 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															19.88	-233.80	-19.33	-53.10	-44.54

DataMetrex AI ROCE % Calculation

DataMetrex AI'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 )
	=	-16.252	/	( ( (42.641 - 9.437)	+	(36 - 9.403) )	/ 2 )
	=	-16.252	/	( (33.204	+	26.597)	/ 2 )
	=	-16.252	/	29.9005
	=	-54.35 %

DataMetrex AI'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 )
	=	-9.372	/	( ( (31.67 - 9.727)	+	(29.82 - 9.684) )	/ 2 )
	=	-9.372	/	( ( 21.943	+	20.136 )	/ 2 )
	=	-9.372	/	21.0395
	=	-44.54 %

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

DataMetrex AI (TSXV:DM) 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.

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DataMetrex AI (TSXV:DM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DataMetrex AI Ltd (TSXV:DM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DTMXF:USA D4G:Germany

Address

2300 Yonge Street, Suite 2802, Toronto, ON, CAN, M4P 1E4

Website

https://www.datametrex.com

DataMetrex AI Ltd is a information technology company. The Company focuses on collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence. The company is also engaged in blockchain technology for the collection, storage, transfer, analysis, and presentation of data. Its operating segments are AI & technology and Health Security segment. Its geographical segments are Canada and South Korea.

Executives

Chan Park

Director