Haivision Systems (TSX:HAI) ROCE % : 8.71% (As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Haivision Systems 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. Haivision Systems's annualized ROCE % for the quarter that ended in Jan. 2024 was 8.71%.

Haivision Systems ROCE % Historical Data

The historical data trend for Haivision Systems'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.

Haivision Systems ROCE % Chart

Haivision Systems Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

Get a 7-Day Free Trial

21.38

25.64

-8.00

-5.13

1.17

Haivision Systems Quarterly Data
	Oct18	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-3.95	-3.53	-1.91	14.19	8.71

Haivision Systems ROCE % Calculation

Haivision Systems's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	1.23	/	( ( (148.596 - 44.884)	+	(144.091 - 38.078) )	/ 2 )
	=	1.23	/	( (103.712	+	106.013)	/ 2 )
	=	1.23	/	104.8625
	=	1.17 %

Haivision Systems's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	9.1	/	( ( (144.091 - 38.078)	+	(135.431 - 32.489) )	/ 2 )
	=	9.1	/	( ( 106.013	+	102.942 )	/ 2 )
	=	9.1	/	104.4775
	=	8.71 %

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

Haivision Systems (TSX:HAI) 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.

Haivision Systems ROCE % Related Terms

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

Haivision Systems (TSX:HAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Haivision Systems Inc (TSX:HAI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HAIVF:USA

Address

2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9

Website

https://www.haivision.com

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.

Haivision Systems (TSX:HAI) Headlines

No Headlines