Surgical Science Sweden AB (FRA:4P41) ROCE % : 3.19% (As of Dec. 2024)

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What is Surgical Science Sweden 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. Surgical Science Sweden AB's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.19%.

Surgical Science Sweden AB ROCE % Historical Data

The historical data trend for Surgical Science Sweden 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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Surgical Science Sweden AB ROCE % Chart

Surgical Science Sweden AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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4.78

3.18

5.02

4.26

2.95

Surgical Science Sweden AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															3.41	2.25	2.84	3.94	3.19

Surgical Science Sweden AB ROCE % Calculation

Surgical Science Sweden AB's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	12.547	/	( ( (420.405 - 21.003)	+	(476.385 - 24.109) )	/ 2 )
	=	12.547	/	( (399.402	+	452.276)	/ 2 )
	=	12.547	/	425.839
	=	2.95 %

Surgical Science Sweden AB's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	13.608	/	( ( (423.013 - 21.477)	+	(476.385 - 24.109) )	/ 2 )
	=	13.608	/	( ( 401.536	+	452.276 )	/ 2 )
	=	13.608	/	426.906
	=	3.19 %

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

Surgical Science Sweden AB (FRA:4P41) 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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Surgical Science Sweden AB Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Surgical Science Sweden AB (FRA:4P41) » Definitions » ROCE %

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SUSRF:USA SUS:Sweden

Address

Drakegatan 7A, Gothenburg, SWE, SE-412 50

Website

https://www.surgicalscience.com

Surgical Science Sweden AB is a supplier of virtual reality simulators for medical training. The company's core is its proprietary software and hardware for simulating interactions between instruments and anatomy. It has two operating segments; Educational products include Proprietary brand medical simulator hardware and software for generic training of psycho-motor skills, instrument handling, and training for a large number of procedures and examinations, prior to entering the clinical environment and also support and services, and Industry/OEM includes simulation software for product-specific training of surgeons in robot-assisted surgery and other digitalized medical instruments and also simulators for medical device companies.

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