GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ICTS International NV (OTCPK:ICTSF) » Definitions » ROCE %

ICTS International NV (ICTS International NV) ROCE % : -2.56% (As of Jun. 2023)


View and export this data going back to 1996. Start your Free Trial

What is ICTS International NV 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. ICTS International NV's annualized ROCE % for the quarter that ended in Jun. 2023 was -2.56%.


ICTS International NV ROCE % Historical Data

The historical data trend for ICTS International NV'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.

* Premium members only.

ICTS International NV ROCE % Chart

ICTS International NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -109.91 -12.54 10.95 47.57 -2.55

ICTS International NV Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.85 28.89 3.69 -9.30 -2.56

ICTS International NV ROCE % Calculation

ICTS International NV's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-3.21/( ( (195.88 - 60.877) + (184.633 - 68.326) )/ 2 )
=-3.21/( (135.003+116.307)/ 2 )
=-3.21/125.655
=-2.55 %

ICTS International NV's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-2.884/( ( (184.633 - 68.326) + (185.576 - 76.634) )/ 2 )
=-2.884/( ( 116.307 + 108.942 )/ 2 )
=-2.884/112.6245
=-2.56 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

* 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.


ICTS International NV  (OTCPK:ICTSF) 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.


ICTS International NV ROCE % Related Terms

Thank you for viewing the detailed overview of ICTS International NV's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


ICTS International NV (ICTS International NV) Business Description

Traded in Other Exchanges
N/A
Address
Walaardt Sacrestraat 425-5, 1117 BM Schiphol-Oost, Amsterdam, NH, NLD, 1117
ICTS International NV provides aviation security and other aviation services. Business activity of the firm is operated through Corporate, Airport security and other aviation services, and Authentication Technology segments. The Airport security and other aviation segment provide security and other services to airlines and airport authorities, predominantly in Europe and the U.S. The Authentication technology segment is involved in the development and sale of authentication security software to financial and other institutions. The geographical presence of the company in Germany, United States, Netherlands, Spain and Other countries out of its majority of the revenue generated from Germany.
Executives
Rom Shaked other: Managing Director 79 EERSTE OOSTERPARKSTRAAT, AMSTERDAM P7 1091GW
Igal Tabori 10 percent owner 19 ALUMIM STREET, TEL AVIV L3 69690
Philip Getter director, 10 percent owner PRIME CHARTER LTD, 810 SEVENTH AVE, NEW YORK NY 10019
Spencer Corp 10 percent owner AM HANSAKAI 14, ROSTOCK 2M 18147
Menachem Atzmon director ONE ROCKEFELLER PLAZA, SUITE 2412, NEW YORK NY 10020
David W Sass director, 10 percent owner 260 MADISON AVE 18TH FLR, NEW YORK NY 10016
Gail Lieberman director 175 EAST 79TH STREET, APT. 4D, NEW YORK NY 10075
Gordon Hausmann director C/O CH. HAUSMANN & CO., 5 DE WALDEN COURT 85 NEW CAVENDISH STREE, LONDON X0 W1W6XD
Ron Atzmon director 18A YAAKOV STREET, TEL AVIV L3 6901552
Gil Atzmon director 2 HACHERMESH STREET, SAVYON L3 0000000000
Alon Raich director C/O ICTS INTERNATIONAL, N.V., BIESBOSCH 225, 1181 JC AMSTELVEEN P7 0000000000
Elie Housman director 600 WEST END AVENUE 12-CD, NEW YORK NY 10022
Amos Megides 10 percent owner 21 MOROD HANACHAL STREET, HOFIT L3 40300
Ran Langer officer: Managing Director ONE ROCKEFELLER PLAZA, SUITE 2412, NEW YORK NY 10020
Dan Avraham officer: Managing Director ONE ROCKEFELLER PLAZA, SUITE 2412, NEW YORK NY 10020

ICTS International NV (ICTS International NV) Headlines