Radware (Radware) ROCE % : -7.04% (As of Dec. 2023)

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What is Radware 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. Radware's annualized ROCE % for the quarter that ended in Dec. 2023 was -7.04%.

Radware ROCE % Historical Data

The historical data trend for Radware'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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Radware ROCE % Chart

Radware Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.83

1.30

3.84

-0.70

-7.07

Radware 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															-4.24	-4.70	-7.38	-9.32	-7.04

Radware ROCE % Calculation

Radware'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 )
	=	-31.68	/	( ( (643.588 - 164.035)	+	(571.916 - 155.015) )	/ 2 )
	=	-31.68	/	( (479.553	+	416.901)	/ 2 )
	=	-31.68	/	448.227
	=	-7.07 %

Radware'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 )
	=	-29.612	/	( ( (574.202 - 149.823)	+	(571.916 - 155.015) )	/ 2 )
	=	-29.612	/	( ( 424.379	+	416.901 )	/ 2 )
	=	-29.612	/	420.64
	=	-7.04 %

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

Radware (NAS:RDWR) 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.

Radware ROCE % Related Terms

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Radware (Radware) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Radware Ltd (NAS:RDWR) » Definitions » ROCE %

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N/A

Address

22 Raoul Wallenberg Street, Tel Aviv, ISR, 6971917

Website

https://www.radware.com

Radware Ltd develops and sells a broad portfolio of network products including physical and virtual application delivery controllers, web application firewalls, intrusion prevention systems, and other security products geared toward large enterprise and service provider segments. It offers an infrastructure that supports our DDoS scrubbing center services, WAF and bot management cloud-based services. In addition, It provides other services through the cloud, such as Cloud Workload Protect and Content Delivery Network.