Aixia Group AB (XSAT:AIXIA B) ROCE % : 231.91% (As of Mar. 2024)

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What is Aixia Group AB 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. Aixia Group AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 231.91%.

Aixia Group AB ROCE % Historical Data

The historical data trend for Aixia Group AB'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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Aixia Group AB ROCE % Chart

Aixia Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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8.94

27.47

18.91

8.99

10.17

Aixia Group AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															-4.83	-10.43	-42.91	15.34	231.91

Aixia Group AB ROCE % Calculation

Aixia Group AB's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	1.989	/	( ( (41.076 - 22.758)	+	(49.506 - 28.692) )	/ 2 )
	=	1.989	/	( (18.318	+	20.814)	/ 2 )
	=	1.989	/	19.566
	=	10.17 %

Aixia Group AB's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	61.704	/	( ( (47.94 - 27.691)	+	(54.957 - 21.993) )	/ 2 )
	=	61.704	/	( ( 20.249	+	32.964 )	/ 2 )
	=	61.704	/	26.6065
	=	231.91 %

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

Aixia Group AB (XSAT:AIXIA B) 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.

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Aixia Group AB (XSAT:AIXIA B) Business Description

Industry

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N/A

Address

Taljegårdsgatan 11, Mölndal, SWE, 43153

Website

https://www.aixia.se

Aixia Group AB is an IT company. It conducted operations in the construction and development of IT, which includes, among other things, AI/Deep Learning platforms, data centers, security, management, hosting, network & communication and backup/DR. The company delivers products, solutions and expertise in, among other things, the following business areas; AI solutions and services, Enterprise IT infrastructure, IT operation and hosting, IT products/solutions and currently has around 120 customers distributed across the country within a wide range of different industries.

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