EDGM (EdgeMode) ROCE % : 0.00% (As of Jun. 2024)

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

EdgeMode ROCE % Historical Data

The historical data trend for EdgeMode'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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EdgeMode ROCE % Chart

EdgeMode Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-117.81

-5,168.76

EdgeMode Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial									-	-	-	-	-

EdgeMode ROCE % Calculation

EdgeMode'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 )
	=	-2.44	/	( ( (1.189 - 2.783)	+	(0.021 - 3.154) )	/ 2 )
	=	-2.44	/	( (-1.594	+	-3.133)	/ 2 )
	=	-2.44	/	-2.3635
	=	103.24 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-1.188	/	( ( (0.02 - 3.604)	+	(0.002 - 3.901) )	/ 2 )
	=	-1.188	/	( ( -3.584	+	-3.899 )	/ 2 )
	=	-1.188	/	-3.7415
	=	0 %

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

EdgeMode (OTCPK:EDGM) 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.

EdgeMode ROCE % Related Terms

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EdgeMode Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » EdgeMode Inc (OTCPK:EDGM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 East Broward Boulevard, Suite 1700, Ft. Lauderdale, FL, USA, 33301

Website

https://www.edgemode.io

EdgeMode Inc is a shell company.

Executives

Charles Thomas Faulkner	director, 10 percent owner, officer: CEO and President	350 NORTH ORLEANS STREET, SUITE 9000N, CHICAGO IL 60654
Simon Enrico Wajcenberg	director, 10 percent owner, officer: CFO, Treasurer and Secretary	TIDES, UNIT 204, 176, SOUTH SOUND ROAD, GEORGE TOWN E9 KY1-1105
Christina Dixon	10 percent owner	3858 COUNTY ROAD 308, ELLINGTON MO 63638
Roger L Dixon	10 percent owner	3858 COUNTY ROAD 308, ELLINGTON MO 63638

EdgeMode Headlines

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