Strategic Education (FRA:SQE) ROCE % : 7.54% (As of Mar. 2024)

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What is Strategic Education 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. Strategic Education's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.54%.

Strategic Education ROCE % Historical Data

The historical data trend for Strategic Education'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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Strategic Education ROCE % Chart

Strategic Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.46

6.98

5.45

3.77

5.76

Strategic Education 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															0.96	4.94	6.28	11.67	7.54

Strategic Education ROCE % Calculation

Strategic Education'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 )
	=	103.732	/	( ( (2040.689 - 198.187)	+	(1948.82 - 192.221) )	/ 2 )
	=	103.732	/	( (1842.502	+	1756.599)	/ 2 )
	=	103.732	/	1799.5505
	=	5.76 %

Strategic Education'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 )
	=	131.912	/	( ( (1948.82 - 192.221)	+	(1982.817 - 240.785) )	/ 2 )
	=	131.912	/	( ( 1756.599	+	1742.032 )	/ 2 )
	=	131.912	/	1749.3155
	=	7.54 %

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

Strategic Education (FRA:SQE) 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.

Strategic Education ROCE % Related Terms

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Strategic Education (FRA:SQE) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Strategic Education Inc (FRA:SQE) » Definitions » ROCE %

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STRA:USA

Address

2303 Dulles Station Boulevard, Herndon, VA, USA, 20171

Website

https://www.strategiceducation.com

Strategic Education Inc. is an education services company that provides access to high-quality education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. The company operates through wholly-owned subsidiaries Strayer University and Capella University, both accredited post-secondary institutions of higher education located in the United States, as well as Torrens University, an accredited post-secondary institution of higher education located in Australia. It provide employees with access to affordable and industry relevant training, certificate, and degree programs.

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