ProStar Holdings (TSXV:MAPS) ROCE % : -3,116.11% (As of Dec. 2023)

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What is ProStar Holdings 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. ProStar Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -3,116.11%.

ProStar Holdings ROCE % Historical Data

The historical data trend for ProStar Holdings'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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ProStar Holdings ROCE % Chart

ProStar Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-21,838.46

-122.53

-122.14

-696.21

ProStar Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												-201.77	-290.96	-1,719.37	-3,307.26	-3,116.11

ProStar Holdings ROCE % Calculation

ProStar Holdings'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 )
	=	-7.258	/	( ( (3.361 - 0.638)	+	(0.443 - 1.081) )	/ 2 )
	=	-7.258	/	( (2.723	+	-0.638)	/ 2 )
	=	-7.258	/	1.0425
	=	-696.21 %

ProStar Holdings'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 )
	=	-6.092	/	( ( (2.321 - 1.292)	+	(0.443 - 1.081) )	/ 2 )
	=	-6.092	/	( ( 1.029	+	-0.638 )	/ 2 )
	=	-6.092	/	0.1955
	=	-3,116.11 %

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

ProStar Holdings (TSXV:MAPS) 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.

ProStar Holdings ROCE % Related Terms

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ProStar Holdings (TSXV:MAPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ProStar Holdings Inc (TSXV:MAPS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MAPPF:USA

Address

760 Horizon Drive, Suite 200, Grand Junction, CO, USA, 81506

Website

https://www.prostarcorp.com

ProStar Holdings Inc specializes in the development of patented mapping software. ProStar's Precision Mapping Solutions are natively cloud and mobile and offered as Software as a Service. The company's Software as a Service provides the ability to capture, record, and display the precise location of critical infrastructure such as buried utilities and pipelines; which is all accomplished in real time through ProStar's patented geospatial intelligence software. The Company operates in one reportable segment, providing Geospatial Intelligence Software for asset-centric industries, and earns revenue in one region, North America.

Executives