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Clear Secure ROCE %

: -9.33% (As of Jun. 2022)
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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. Clear Secure's annualized ROCE % for the quarter that ended in Jun. 2022 was -9.33%.


Clear Secure ROCE % Historical Data

The historical data trend for Clear Secure'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.

Clear Secure Annual Data
Trend Dec19 Dec20 Dec21
ROCE %
-36.18 -15.68 -36.13

Clear Secure Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROCE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -106.42 -37.33 -22.55 -13.12 -9.33

Clear Secure ROCE % Calculation

Clear Secure's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-114.589/( ( (232.268 - 146.104) + (812.75 - 264.591) )/ 2 )
=-114.589/( (86.164+548.159)/ 2 )
=-114.589/317.1615
=-36.13 %

Clear Secure's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-52.488/( ( (854.055 - 290.405) + (893.876 - 331.98) )/ 2 )
=-52.488/( ( 563.65 + 561.896 )/ 2 )
=-52.488/562.773
=-9.33 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) 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.


Clear Secure  (NYSE:YOU) 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.


Clear Secure ROCE % Related Terms

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


Clear Secure Business Description

Clear Secure logo
Traded in Other Exchanges
N/A
Address
65 East 55th Street, 17th Floor, New York, NY, USA, 10022
Clear Secure Inc is involved in the creation of a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports which helps to make the travel experience safe and easy.
Executives
Liu Dennis W. officer: Chief Accounting Officer 65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
General Atlantic (alc), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE CO., L.P. 55 EAST 52ND STREET, 33RD FLOOR NEW YORK NY 10055
General Atlantic (lux) S.a R.l. 10 percent owner 412F ROUTE D'ESCH LUXEMBOURG P7 10055
General Atlantic Partners (lux), Scsp 10 percent owner 55 EAST 52ND STREET FLOOR 33 NEW YORK NY 10055
General Atlantic Genpar (lux) Scsp 10 percent owner 412F ROUTE D'ESCH LUXEMBOURG N4 2086
General Atlantic Partners (bermuda) Eu, L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY LP 55 EAST 52ND STREET, 33RD FLOOR NEW YORK NY 10055
Gap (bermuda) L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY 55 EAST 52ND ST. 32ND FLOOR NEW YORK NY 10055
General Atlantic Genpar (bermuda), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY,LLC 55 EAST 52ND ST. 32ND FLOOR NEW YORK NY 10055
General Atlantic Partners 100, L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY,LP 55 EAST 52ND STREET, 33RD FLOOR NEW YORK NY 10055
Perrin Walter Catesby Iii officer: EVP, Growth 65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Comella Maria A. officer: Head of Public Affairs 65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Cornick Kenneth L. director, 10 percent owner, officer: President & CFO 65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Jouhal Chiranjiv S. officer: Chief Technology Officer 65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Levine Matthew officer: GC & Chief Privacy Officer 65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Patterson Richard N. Jr. officer: Chief Info Sec. Officer 65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022

Clear Secure Headlines

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