Logitech International (Logitech International) ROCE % : 37.18% (As of Dec. 2023)

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What is Logitech International 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. Logitech International's annualized ROCE % for the quarter that ended in Dec. 2023 was 37.18%.

Logitech International ROCE % Historical Data

The historical data trend for Logitech International'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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Logitech International ROCE % Chart

Logitech International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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22.19

20.29

56.15

30.73

19.24

Logitech International 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															29.32	9.02	13.12	25.70	37.18

Logitech International ROCE % Calculation

Logitech International's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	493.042	/	( ( (4035.405 - 1421.154)	+	(3560.753 - 1050.107) )	/ 2 )
	=	493.042	/	( (2614.251	+	2510.646)	/ 2 )
	=	493.042	/	2562.4485
	=	19.24 %

Logitech International'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 )
	=	891.656	/	( ( (3425.03 - 1086.947)	+	(3659.939 - 1201.423) )	/ 2 )
	=	891.656	/	( ( 2338.083	+	2458.516 )	/ 2 )
	=	891.656	/	2398.2995
	=	37.18 %

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

Logitech International (NAS:LOGI) 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.

Logitech International ROCE % Related Terms

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Logitech International (Logitech International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Logitech International SA (NAS:LOGI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LOGI:Mexico LOGNz:UK 0QK6:UK LOGNE:Switzerland LOGN:Switzerland

Address

EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015

Website

https://www.logitech.com

Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.

Executives

Samantha Harnett	officer: General Counsel	1836 CLEMENS ROAD, OAKLAND CA 94602
Charles D Boynton	officer: Chief Financial Officer
Prakash Arunkundrum	officer: Head of Global Operations	C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Kwok Wang Ng	director	C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Sascha Zahnd	director	C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Christopher Richardson Jones	director	1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Patrick Aebischer	director	C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Nathan Olmstead	officer: Principal Accounting Officer	C/O LOGITECH INC., 7700 GATEWAY BOULEVARD, NEWARK CA 94560
Riet Cadonau	director	C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Bracken Darrell	officer: President	2000 M-63N, BENTON HARBOR MI 49022
Didier Hirsch	director	5301 STEVENS CREEK BOULEVARD, SANTA CLARA CA 95051
Neela Montgomery	director	C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Deborah Thomas	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Guy Gecht	director
Michael B Polk	director	100 DEFOREST AVE, EAST HANOVER NJ 07936