Dropsuite (ASX:DSE) ROCE % : 5.66% (As of Dec. 2023)

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What is Dropsuite 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. Dropsuite's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.66%.

Dropsuite ROCE % Historical Data

The historical data trend for Dropsuite'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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Dropsuite ROCE % Chart

Dropsuite Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-92.91

-94.45

-0.25

5.63

6.15

Dropsuite Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															0.19	4.81	6.55	6.68	5.66

Dropsuite ROCE % Calculation

Dropsuite'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 )
	=	1.591	/	( ( (26.917 - 2.636)	+	(31.157 - 3.708) )	/ 2 )
	=	1.591	/	( (24.281	+	27.449)	/ 2 )
	=	1.591	/	25.865
	=	6.15 %

Dropsuite'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	1.508	/	( ( (29.289 - 3.427)	+	(31.157 - 3.708) )	/ 2 )
	=	1.508	/	( ( 25.862	+	27.449 )	/ 2 )
	=	1.508	/	26.6555
	=	5.66 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Dropsuite (ASX:DSE) 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.

Dropsuite ROCE % Related Terms

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Dropsuite (ASX:DSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dropsuite Ltd (ASX:DSE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Emerald Terrace, West Perth, Perth, WA, AUS, 6005

Website

https://www.dropsuite.com

Dropsuite Ltd is a cloud-based software service provider. The company enables small and medium-sized enterprises to easily backup, recover and protect their business information. Its products include Website and database backup, Email backup and archiving and File-based server backup. The operating segment of the company is the Provision of Backup Services.