Model N (Model N) ROCE % : 0.74% (As of Dec. 2023)

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What is Model N 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. Model N's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.74%.

Model N ROCE % Historical Data

The historical data trend for Model N'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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Model N ROCE % Chart

Model N Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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-16.41

-3.89

-5.72

-4.41

-7.50

Model N Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-3.01	-3.68	3.01	-22.15	0.74

Model N ROCE % Calculation

Model N'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 )
	=	-25.94	/	( ( (392.247 - 106.928)	+	(500.095 - 93.477) )	/ 2 )
	=	-25.94	/	( (285.319	+	406.618)	/ 2 )
	=	-25.94	/	345.9685
	=	-7.50 %

Model N'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 )
	=	3.024	/	( ( (500.095 - 93.477)	+	(515.174 - 100.278) )	/ 2 )
	=	3.024	/	( ( 406.618	+	414.896 )	/ 2 )
	=	3.024	/	410.757
	=	0.74 %

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

Model N (NYSE:MODN) 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.

Model N ROCE % Related Terms

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Model N (Model N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Model N Inc (NYSE:MODN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

2MD:Germany

Address

777 Mariners Island Boulevard, Suite 300, San Mateo, CA, USA, 94404

Website

https://www.modeln.com

Model N Inc is a provider of cloud revenue management solutions for life science and technology companies. The products of the company involve Revenue Cloud for Life Sciences for helps life science companies improve revenue and operational efficiency while adhering to government regulations as it creates and executes contracts with its customers; and Revenue Cloud for High Tech that enables customers to modernize their sales processes by adopting a strategic approach to manage the revenue lifecycle by planned revenue. It has one operating segment with one business activity - developing and monetizing revenue management solutions. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.

Executives

Mark, Albert Anderson,	officer: SVP, Global Services	C/O MODEL N, INC.,1600 SEAPORT BOULEVARD, SUITE 400, PACIFIC SHORES CENTER - BLD.6, REDWOOD CITY CA 94063
Manisha Shetty Gulati	director	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Kimberly Decarlis	director	3400 BRIDGE PARKWAY, SUITE 200, REDWOOD SHORES CA 94065
Rehmann Rayani	officer: Chief Strategy & Mktg Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Christopher Lyon	officer: SVP & Chief Revenue Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Laura Selig	officer: SVP, Chief People Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Jason Blessing	director, officer: Chief Executive Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Suresh Kannan	officer: SVP & Chief Product Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
John Ederer	officer: SVP, Chief Financial Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Yarnold	director	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Timothy M Adams	director	311 ARSENAL STREET, WATERTOWN MA 02472
Alan S. Henricks	director	MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Michaud	officer: SVP & Chief Marketing Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Cathy A Lewis	officer: Chief Accounting Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
David Barter	officer: SVP, Chief Financial Officer	C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063