AOTOF (Anoto Group AB) ROCE % : -86.92% (As of Jun. 2024)

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What is Anoto 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. Anoto Group AB's annualized ROCE % for the quarter that ended in Jun. 2024 was -86.92%.

Anoto Group AB ROCE % Historical Data

The historical data trend for Anoto 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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Anoto Group AB ROCE % Chart

Anoto Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.45

-65.07

-23.82

-19.41

-87.87

Anoto Group AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-66.08	-8.95	-98.43	-77.01	-86.92

Anoto Group AB ROCE % Calculation

Anoto Group AB's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-7.737	/	( ( (23.004 - 12.715)	+	(14.001 - 6.679) )	/ 2 )
	=	-7.737	/	( (10.289	+	7.322)	/ 2 )
	=	-7.737	/	8.8055
	=	-87.87 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-5.92	/	( ( (12.724 - 5.658)	+	(12.719 - 6.164) )	/ 2 )
	=	-5.92	/	( ( 7.066	+	6.555 )	/ 2 )
	=	-5.92	/	6.8105
	=	-86.92 %

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

Anoto Group AB (GREY:AOTOF) 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.

Anoto Group AB ROCE % Related Terms

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Anoto Group AB Business Description

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ANOT:Sweden

Address

Flaggan 1165, Stockholm, SWE, 116 74

Website

https://www.anoto.com

Anoto Group AB is a technology company specializes in digital writing and drawing solutions. The company is organized into the following business units - Enterprise Solutions and Licensing which focuses on systems, products, and services that target businesses, primarily in the field of forms processing, document management, and signature capture, Livescribe, Knowledge AI, and OEM Business. The company generates revenues from mainly product sales but also from licenses and royalties in multiple geographies. It offers a broad portfolio of products, applications, and services to business, consumer, and education markets, including digital note-taking, creative solutions, collaborative solutions, classroom learning solutions, and document processing and management.

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