Cyan AG (Cyan AG) ROCE % : 4.32% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Cyan AG 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. Cyan AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.32%.

Cyan AG ROCE % Historical Data

The historical data trend for Cyan AG'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.

Cyan AG ROCE % Chart

Cyan AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.35

-12.12

-22.58

-11.85

-16.04

Cyan AG Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial											-20.60	-20.29	-1.80	-26.53	4.32

Cyan AG ROCE % Calculation

Cyan AG'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 )
	=	-7.628	/	( ( (64.047 - 6.708)	+	(47.675 - 9.876) )	/ 2 )
	=	-7.628	/	( (57.339	+	37.799)	/ 2 )
	=	-7.628	/	47.569
	=	-16.04 %

Cyan AG'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	2.442	/	( ( (82.359 - 7.137)	+	(47.675 - 9.876) )	/ 2 )
	=	2.442	/	( ( 75.222	+	37.799 )	/ 2 )
	=	2.442	/	56.5105
	=	4.32 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Cyan AG (GREY:CCYNF) 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.

Cyan AG ROCE % Related Terms

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

Cyan AG (Cyan AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cyan AG (GREY:CCYNF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CYR:Germany

Address

Theatinerstrasse 11, Funf Hofe, Munich, DEU, 80333

Website

https://www.cyansecurity.com

Cyan AG is a provider of intelligent IT security solutions and telecommunication services in the IT industry. The main business of the company involves cybersecurity solutions for the end customers of mobile and fixed-line internet providers (MNO, ISP), financial service providers, mobile virtual network operators (MVNO) as well as the convergent BSS/OSS platform (Business Support System and Operations Support System) as a mobile virtual network enabler (MVNE). With the BSS/OSS business, services such as connection to the network operator, billing, provisioning, and similar services relating to the operational aspects of running an MVNO are offered. It has two segments: Cybersecurity, and BSS/OSS platform. Its products include a Seamless BSS/OSS Platform.