Micro Systemation AB (OSTO:MSAB B) ROCE % : -16.18% (As of Mar. 2024)

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What is Micro Systemation 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. Micro Systemation AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -16.18%.

Micro Systemation AB ROCE % Historical Data

The historical data trend for Micro Systemation 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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Micro Systemation AB ROCE % Chart

Micro Systemation AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.93

24.01

47.49

17.18

26.60

Micro Systemation AB 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															24.08	12.15	67.58	0.04	-16.18

Micro Systemation AB ROCE % Calculation

Micro Systemation 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 )
	=	40.714	/	( ( (288.755 - 130.781)	+	(278.33 - 130.181) )	/ 2 )
	=	40.714	/	( (157.974	+	148.149)	/ 2 )
	=	40.714	/	153.0615
	=	26.60 %

Micro Systemation AB'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 )
	=	-23.6	/	( ( (278.33 - 130.181)	+	(278.9 - 135.4) )	/ 2 )
	=	-23.6	/	( ( 148.149	+	143.5 )	/ 2 )
	=	-23.6	/	145.8245
	=	-16.18 %

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

Micro Systemation AB (OSTO:MSAB B) 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.

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Micro Systemation AB (OSTO:MSAB B) Business Description

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0FBM:UK

Address

Hornsbruksgatan 28, Stockholm, SWE, 117 34

Website

http://www.msab.com

Micro Systemation AB is engaged in product development, production and sales of solutions within the area of mobile digital forensics. It provides software product to extract, analyses and present data from digital devices, primarily mobile phones. The company has three main product families: XRY, XAMN and XEC. The products are used mainly by police, military and intelligence agencies world-wide and are effective tools for securing evidence. The company's major revenue is derived from EMEA & Latin America.

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