Arway (XCNQ:ARWY) ROCE % : 0.00% (As of Feb. 2024)

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What is Arway 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. Arway's annualized ROCE % for the quarter that ended in Feb. 2024 was 0.00%.

Arway ROCE % Historical Data

The historical data trend for Arway'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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Arway ROCE % Chart

Arway Annual Data

Trend

Aug22

Aug23

ROCE %

-2,473.08

Arway Quarterly Data
	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial			-109.88	-113.43	-169.58	-1,406.90	-

Arway ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	-4.501	/	( ( (0 - 0)	+	(0.344 - 0.162) )	/ 1 )
	=	-4.501	/	( (0	+	0.182)	/ 1 )
	=	-4.501	/	0.182
	=	-2,473.08 %

Arway's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-1.556	/	( ( (0.153 - 0.132)	+	(0.16 - 0.211) )	/ 2 )
	=	-1.556	/	( ( 0.021	+	-0.051 )	/ 2 )
	=	-1.556	/	-0.015
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

Arway (XCNQ:ARWY) 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.

Arway ROCE % Related Terms

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Arway (XCNQ:ARWY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arway Corp (XCNQ:ARWY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ARWYF:USA E65:Germany

Address

Toronto Rpo Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://www.arway.ai

Arway Corp is s an AI-powered augmented reality experience platform for indoor spaces. The platform allows users to easily create experiences for navigation, tours, information sharing, notifications, advertising, and gamification. It creates immersive AR experiences using its web-based studio and brings them to life through smartphones.

Executives

Evan Gappelberg

Director

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