TELUS International (Cda) (TSX:TIXT) ROCE % : 6.96% (As of Mar. 2024)

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What is TELUS International (Cda) 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. TELUS International (Cda)'s annualized ROCE % for the quarter that ended in Mar. 2024 was 6.96%.

TELUS International (Cda) ROCE % Historical Data

The historical data trend for TELUS International (Cda)'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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TELUS International (Cda) ROCE % Chart

TELUS International (Cda) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.01

9.37

6.08

10.21

5.54

TELUS International (Cda) Quarterly Data
	Dec18	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															4.91	1.64	4.75	8.20	6.96

TELUS International (Cda) ROCE % Calculation

TELUS International (Cda)'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 )
	=	268.32	/	( ( (4830.826 - 749.892)	+	(6470.537 - 870.698) )	/ 2 )
	=	268.32	/	( (4080.934	+	5599.839)	/ 2 )
	=	268.32	/	4840.3865
	=	5.54 %

TELUS International (Cda)'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 )
	=	389.836	/	( ( (6470.537 - 870.698)	+	(0 - 0) )	/ 1 )
	=	389.836	/	( ( 5599.839	+	0 )	/ 1 )
	=	389.836	/	5599.839
	=	6.96 %

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

TELUS International (Cda) (TSX:TIXT) 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.

TELUS International (Cda) ROCE % Related Terms

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TELUS International (Cda) (TSX:TIXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TELUS International (Cda) Inc (TSX:TIXT) » Definitions » ROCE %

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TIXT:USA 5Z9:Germany

Address

510 West Georgia Street, Floor 7, Vancouver, BC, CAN, V6B 0M3

Website

https://www.telusinternational.com

TELUS International (Cda) Inc is a digital customer experience innovator that designs, builds, and delivers next-generation solutions. Its clients include companies across several verticals, including Tech and Games, eCommerce and FinTech, Banking, Financial Services and Insurance, Communications and Media, and Travel and Hospitality. The solutions offered by the company include Digital Experience, Customer Experience, Advisory Services, and Back Office and Automation among other services. Geographically, it derives a majority of its revenue from the European region.