Citrix Systems (WBO:CTXS) ROCE % : 14.93% (As of Jun. 2022)

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What is Citrix 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. Citrix Systems's annualized ROCE % for the quarter that ended in Jun. 2022 was 14.93%.

Citrix Systems ROCE % Historical Data

The historical data trend for Citrix 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.

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Citrix Systems ROCE % Chart

Citrix Systems Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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15.38

22.90

23.47

22.36

7.23

Citrix Systems Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
ROCE %	Get a 7-Day Free Trial															7.88	7.33	-1.87	8.39	14.93

Citrix Systems ROCE % Calculation

Citrix Systems'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 )
	=	229.162	/	( ( (4019.865 - 1769.295)	+	(6173.333 - 2083.353) )	/ 2 )
	=	229.162	/	( (2250.57	+	4089.98)	/ 2 )
	=	229.162	/	3170.275
	=	7.23 %

Citrix Systems'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 )
	=	644.844	/	( ( (6234.76 - 2046.915)	+	(6632.5 - 2182.68) )	/ 2 )
	=	644.844	/	( ( 4187.845	+	4449.82 )	/ 2 )
	=	644.844	/	4318.8325
	=	14.93 %

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

Citrix Systems (WBO:CTXS) 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.

Citrix Systems ROCE % Related Terms

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Citrix Systems (WBO:CTXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Citrix Systems Inc (WBO:CTXS) » Definitions » ROCE %

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Address

851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309

Website

https://www.citrix.com

Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.