CEVA (CEVA) ROCE % : -4.07% (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is CEVA 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. CEVA's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.07%.

CEVA ROCE % Historical Data

The historical data trend for CEVA'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.

CEVA ROCE % Chart

CEVA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

0.73

1.08

3.37

1.62

-4.88

CEVA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.73	-6.96	-9.12	-3.99	-4.07

CEVA ROCE % Calculation

CEVA'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 )
	=	-13.467	/	( ( (308.442 - 33.278)	+	(304.085 - 26.887) )	/ 2 )
	=	-13.467	/	( (275.164	+	277.198)	/ 2 )
	=	-13.467	/	276.181
	=	-4.88 %

CEVA'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 )
	=	-11.148	/	( ( (295.987 - 25.686)	+	(304.085 - 26.887) )	/ 2 )
	=	-11.148	/	( ( 270.301	+	277.198 )	/ 2 )
	=	-11.148	/	273.7495
	=	-4.07 %

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

CEVA (NAS:CEVA) 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.

CEVA ROCE % Related Terms

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

CEVA (CEVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » CEVA Inc (NAS:CEVA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PVJA:Germany

Address

15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850

Website

https://www.ceva-dsp.com

CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived primarily from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems.

Executives

Amir Panush	officer: Chief Executive Officer	15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Gweltaz Toquet	officer: Chief Commercial Officer	C/O CEVA, INC., 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Louis Silver	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Michael Boukaya	officer: Chief Operating Officer	1174 CASTRO STREET, SUITE 210, MOUNTAIN VIEW CA 94040
Issachar Ohana	officer: EVP Worldwide Sales	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Gideon Wertheizer	officer: EVP and GM DSP Cores	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Yaniv Arieli	officer: Chief Financial Officer	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Zvi Limon	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Sven Christer Nilsson	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Maria Marced	director	C/O CEVA, INC.,1174 CASTRO STREET, SUITE 210, MOUNTAIN VIEW CA 94040
Eliyahu Ayalon	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Jaclyn Liu	director	C/O CEVA, INC., 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Peter Mcmanamon	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Bruce Mann	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Bernadette Andrietti	director	C/O CEVA, INC.,1174 CASTRO STREET, SUITE, MOUNTAIN VIEW CA 94040