RDE (GIFT) ROCE % : -105.11% (As of Jun. 2024)

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What is RDE 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. RDE's annualized ROCE % for the quarter that ended in Jun. 2024 was -105.11%.

RDE ROCE % Historical Data

The historical data trend for RDE'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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RDE ROCE % Chart

RDE Annual Data

Trend

Aug03

Aug04

Aug05

May16

May17

May18

Dec19

Dec21

Dec22

Dec23

ROCE %

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85.57

RDE Quarterly Data
	Aug18	Nov18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-	-81.76	144.26	-41.76	-105.11

RDE ROCE % Calculation

RDE'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 )
	=	2.796	/	( ( (13.136 - 34.383)	+	(39.762 - 11.98) )	/ 2 )
	=	2.796	/	( (-21.247	+	27.782)	/ 2 )
	=	2.796	/	3.2675
	=	85.57 %

RDE'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 )
	=	-29.908	/	( ( (39.115 - 10.519)	+	(40.456 - 12.145) )	/ 2 )
	=	-29.908	/	( ( 28.596	+	28.311 )	/ 2 )
	=	-29.908	/	28.4535
	=	-105.11 %

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

RDE (NAS:GIFT) 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.

RDE ROCE % Related Terms

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RDE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » RDE Inc (NAS:GIFT) » Definitions » ROCE %

Comparable Companies

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Address

1100 Woodfield Road, Suite 510, Schaumberg, IL, USA, 60173

Website

https://www.rdeholdings.com

RDE Inc through its wholly-owned subsidiary, has been in the business of connecting digital consumers, businesses and communities with dining and merchant deal options throughout the United States. The company connects digital consumers, businesses, and communities offering dining and merchant deal options nationwide restaurants, and retailers to customers. The Company buys merchant gift cards from the general public and distributors at a discount and then resells them at a markup. The Company also derives revenue from the sale of discount certificates for restaurants on behalf of third-party restaurants.