Lime Technologies AB (FRA:LTX) ROCE % : 29.30% (As of Dec. 2023)

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What is Lime Technologies AB 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. Lime Technologies AB's annualized ROCE % for the quarter that ended in Dec. 2023 was 29.30%.

Lime Technologies AB ROCE % Historical Data

The historical data trend for Lime Technologies AB'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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Lime Technologies AB ROCE % Chart

Lime Technologies AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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33.59

45.84

24.14

20.52

26.84

Lime Technologies AB 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															23.86	26.93	27.24	24.60	29.30

Lime Technologies AB ROCE % Calculation

Lime Technologies AB'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 )
	=	10.164	/	( ( (60.392 - 22.581)	+	(62.304 - 24.383) )	/ 2 )
	=	10.164	/	( (37.811	+	37.921)	/ 2 )
	=	10.164	/	37.866
	=	26.84 %

Lime Technologies AB'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 )
	=	10.772	/	( ( (59.271 - 23.652)	+	(62.304 - 24.383) )	/ 2 )
	=	10.772	/	( ( 35.619	+	37.921 )	/ 2 )
	=	10.772	/	36.77
	=	29.30 %

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

Lime Technologies AB (FRA:LTX) 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.

Lime Technologies AB ROCE % Related Terms

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Lime Technologies AB (FRA:LTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lime Technologies AB (FRA:LTX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LIME:Sweden LTX:Germany

Address

Sankt Lars vag 46, Lund, SWE, 222 70

Website

https://www.lime-technologies.com

Lime Technologies AB is a software as a service company. The company develops, sells, and implements user-friendly and flexible CRM systems. Its business model is based on the offering of subscription agreements as well as consulting services for the implementation and continuous adaptation of the company's products.

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