Xybion Digital (TSXV:XYBN) ROCE %

: -3.46% (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. Xybion Digital's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.46%.

Xybion Digital ROCE % Historical Data

The historical data trend for Xybion Digital'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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Xybion Digital Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

35.22

29.49

35.01

-5.92

-19.94

Xybion Digital Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %												3.03	37.40	23.77	22.49	-3.46

Xybion Digital ROCE % Calculation

Xybion Digital'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 )
	=	-2.379	/	( ( (22.126 - 9.761)	+	(22.656 - 11.161) )	/ 2 )
	=	-2.379	/	( (12.365	+	11.495)	/ 2 )
	=	-2.379	/	11.93
	=	-19.94 %

Xybion Digital'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 )
	=	-0.692	/	( ( (20.688 - 8.207)	+	(40.382 - 12.851) )	/ 2 )
	=	-0.692	/	( ( 12.481	+	27.531 )	/ 2 )
	=	-0.692	/	20.006
	=	-3.46 %

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

Xybion Digital (TSXV:XYBN) 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.

Xybion Digital ROCE % Related Terms

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Xybion Digital (TSXV:XYBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Xybion Digital Inc (TSXV:XYBN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 College Road E., Princeton, NJ, USA, 08540

Website

https://www.xybion.com

Xybion Digital Inc operates as a SaaS company dedicated to providing life sciences and health systems companies with software solutions to accelerate the transformation of medicines, devices, and diagnostic tests. It offers end-to-end cloud software as a SaaS (software as a service) for core business processes like research and development, testing laboratory operations, workplace and employee health and safety management with embedded compliance, quality, risk, and enterprise content management systems all on a single cloud and a single database. The majority of the Company's revenue is generated in the United States.

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