Arcure (FRA:340) ROCE % : 11.97% (As of Jun. 2024)

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What is Arcure 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. Arcure's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.97%.

Arcure ROCE % Historical Data

The historical data trend for Arcure'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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Arcure ROCE % Chart

Arcure Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-22.30

-33.06

-23.25

2.51

12.20

Arcure Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial											5.52	-0.15	4.74	20.13	11.97

Arcure ROCE % Calculation

Arcure'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 )
	=	1.774	/	( ( (18.847 - 4.739)	+	(18.833 - 3.857) )	/ 2 )
	=	1.774	/	( (14.108	+	14.976)	/ 2 )
	=	1.774	/	14.542
	=	12.20 %

Arcure'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: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	1.85	/	( ( (18.833 - 3.857)	+	(20.162 - 4.236) )	/ 2 )
	=	1.85	/	( ( 14.976	+	15.926 )	/ 2 )
	=	1.85	/	15.451
	=	11.97 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Arcure (FRA:340) 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.

Arcure ROCE % Related Terms

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Arcure Business Description

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ALCUR:France

Address

14, rue Scandicci, Tour Essor, Pantin, FRA, 93500

Website

https://www.arcure.net

Arcure SA is a developer of solutions for enhancing the autonomy of industrial machinery. The company offers BLAXTAIR, solutions for securing the perimeter around mobile industrial machinery and robots. The Blaxtair system is for detecting/classifying obstacles and pedestrians are the highest performing solutions on the market.

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