Unity Software (Unity Software) ROCE %

: -14.85% (As of Dec. 2023)

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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. Unity Software's annualized ROCE % for the quarter that ended in Dec. 2023 was -14.85%.

Unity Software ROCE % Historical Data

The historical data trend for Unity Software'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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Unity Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-39.55

-21.19

-16.61

-15.85

-11.74

Unity Software Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																-19.50	-14.22	-10.84	-6.76	-14.85

Unity Software ROCE % Calculation

Unity Software'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 )
	=	-773.265	/	( ( (7833.985 - 1010.284)	+	(7243.441 - 894.103) )	/ 2 )
	=	-773.265	/	( (6823.701	+	6349.338)	/ 2 )
	=	-773.265	/	6586.5195
	=	-11.74 %

Unity Software'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 )
	=	-952.48	/	( ( (7425.683 - 950.35)	+	(7243.441 - 894.103) )	/ 2 )
	=	-952.48	/	( ( 6475.333	+	6349.338 )	/ 2 )
	=	-952.48	/	6412.3355
	=	-14.85 %

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

Unity Software (NYSE:U) 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.

Unity Software ROCE % Related Terms

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Unity Software (Unity Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Unity Software Inc (NYSE:U) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

U:Mexico US3:Germany US3:Germany U2ST34:Brazil

Address

30 3rd Street, San Francisco, CA, USA, 94103-3104

Website

https://www.unity.com

Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, EMEA, APAC and Other Americas, of which key revenue is derived from the EMEA region. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.

Executives

Tomer Bar-zeev	director, officer: President, Grow	C/O IRONSOURCE LTD., 121 MENACHEM BEGIN STREET, TEL AVIV L3 6701203
Anirma Gupta	officer: SVP, General Counsel	C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Mark Barrysmith	officer: Principal Accounting Officer	C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Michelle K. Lee	director	C/O ALARM.COM HOLDINGS, INC., 8281 GREENSBORO DRIVE, SUITE 100, TYSONS VA 22102
Marc Whitten	officer: SVP & GM, Create Solutions	C/O UNITY SOFTWARE INC., 30-3RD STREET, SAN FRANCISCO CA 94103
Luis Felipe Visoso	director	C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Carol W. Carpenter	officer: SVP & Chief Marketing Officer	1040 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10018
David Helgason	director	C/O UNITY SOFTWARE INC., 30 - 3RD STREET, SAN FRANCISCO CA 94103
James M Whitehurst	director, officer: Interim CEO and President	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Silver Lake Group, L.l.c.	director, 10 percent owner	2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
John S. Riccitiello	director, officer: President and CEO	209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Robynne Sisco	director	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Shlomo Dovrat	director	16 ABBA EBAN AVENUE, HERZELIYA L3 46725
Clive Downie	officer: SVP & Chief Marketing Officer	699 8TH STREET, SAN FRANCISCO CA 94103
Ingrid Lestiyo	officer: SVP & GM, Operate Solutions	C/O UNITY SOFTWARE INC., 30-3RD STREET, SAN FRANCISCO CA 94103