Infinera (FRA:IX6) ROCE % : -19.69% (As of Mar. 2024)

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What is Infinera 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. Infinera's annualized ROCE % for the quarter that ended in Mar. 2024 was -19.69%.

Infinera ROCE % Historical Data

The historical data trend for Infinera'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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Infinera ROCE % Chart

Infinera Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-32.28

-14.67

-11.00

-3.14

1.32

Infinera Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															0.81	-2.65	0.28	6.86	-19.69

Infinera ROCE % Calculation

Infinera'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 )
	=	12.105	/	( ( (1575.666 - 664.517)	+	(1539.861 - 618.051) )	/ 2 )
	=	12.105	/	( (911.149	+	921.81)	/ 2 )
	=	12.105	/	916.4795
	=	1.32 %

Infinera's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-176.908	/	( ( (1539.861 - 618.051)	+	(1439.95 - 565.159) )	/ 2 )
	=	-176.908	/	( ( 921.81	+	874.791 )	/ 2 )
	=	-176.908	/	898.3005
	=	-19.69 %

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

Infinera (FRA:IX6) 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.

Infinera ROCE % Related Terms

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Infinera (FRA:IX6) Business Description

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INFN:USA INFN:Mexico IX6:Germany

Address

6373 San Ignacio Avenue, San Jose, CA, USA, 95119

Website

https://www.infinera.com

Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.

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