Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) ROCE % : 0.00% (As of Sep. 2023)

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What is Zapp Electric Vehicles Group 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. Zapp Electric Vehicles Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Zapp Electric Vehicles Group ROCE % Historical Data

The historical data trend for Zapp Electric Vehicles Group'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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Zapp Electric Vehicles Group ROCE % Chart

Zapp Electric Vehicles Group Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

ROCE %

-185.16

-229.21

Zapp Electric Vehicles Group Semi-Annual Data
	Sep20	Sep21	Sep22	Sep23
ROCE %	-	-185.16	-229.21	-

Zapp Electric Vehicles Group ROCE % Calculation

Zapp Electric Vehicles Group's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-221.536	/	( ( (4.225 - 1.303)	+	(7.342 - 23.698) )	/ 2 )
	=	-221.536	/	( (2.922	+	-16.356)	/ 2 )
	=	-221.536	/	-6.717
	=	3,298.14 %

Zapp Electric Vehicles Group'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: Sep. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	-221.536	/	( ( (4.225 - 1.303)	+	(7.342 - 23.698) )	/ 2 )
	=	-221.536	/	( ( 2.922	+	-16.356 )	/ 2 )
	=	-221.536	/	-6.717
	=	0 %

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

Zapp Electric Vehicles Group (NAS:ZAPP) 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.

Zapp Electric Vehicles Group ROCE % Related Terms

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Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zapp Electric Vehicles Group Ltd (NAS:ZAPP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

87/1 Wireless Road, 26/F Capital Tower, All Seasons Place, Lumpini, Patumwan, Bangkok, THA, 10330

Website

https://www.zappev.com

Zapp Electric Vehicles Group Ltd designs, manufactures and sells high performance electric vehicles, including maintenance and repair of electric vehicles and related parts and accessories.

Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Headlines

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