Iconix Brand Group (FRA:IKIA) ROCE % : 28.33% (As of Mar. 2021)

View and export this data going back to 1990. Start your Free Trial

What is Iconix Brand Group 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. Iconix Brand Group's annualized ROCE % for the quarter that ended in Mar. 2021 was 28.33%.

Iconix Brand Group ROCE % Historical Data

The historical data trend for Iconix Brand Group'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.

* Premium members only.

Iconix Brand Group ROCE % Chart

Iconix Brand Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

Get a 7-Day Free Trial

-12.85

-43.10

-3.84

-8.31

16.56

Iconix Brand Group Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
ROCE %	Get a 7-Day Free Trial															-4.25	0.54	72.68	-0.16	28.33

Iconix Brand Group ROCE % Calculation

Iconix Brand Group's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	51.386	/	( ( (455.454 - 118.76)	+	(339.269 - 55.269) )	/ 2 )
	=	51.386	/	( (336.694	+	284)	/ 2 )
	=	51.386	/	310.347
	=	16.56 %

Iconix Brand Group's ROCE % of for the quarter that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	80.152	/	( ( (339.269 - 55.269)	+	(337.161 - 55.355) )	/ 2 )
	=	80.152	/	( ( 284	+	281.806 )	/ 2 )
	=	80.152	/	282.903
	=	28.33 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2021) EBIT data.

Iconix Brand Group (FRA:IKIA) 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.

Iconix Brand Group ROCE % Related Terms

Thank you for viewing the detailed overview of Iconix Brand Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Iconix Brand Group (FRA:IKIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Iconix Brand Group Inc (FRA:IKIA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1450 Broadway, 3rd Floor, New York, NY, USA, 10018

Website

https://www.iconixbrand.com

Iconix Brand Group Inc owns a portfolio of consumer brands in the apparel and home categories. It monetizes the brands through licensing and joint ventures with retailers and wholesalers worldwide. Its retail licensees include Wal-Mart, Target, Kohl's, and Kmart/Sears. Some of the company's notable brands are Peanuts, Mossimo, Starter, Sharper Image, and London Fog. Licensees are responsible for design, manufacture, and distribution, while Iconix manages advertising and promotional campaigns. Most agreements require licensees to pay Iconix for advertising and marketing and to guarantee Iconix a minimum amount of royalty revenue.

Iconix Brand Group (FRA:IKIA) Headlines

No Headlines