Finseta (FRA:90W) ROCE % : 30.21% (As of Jun. 2024)

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What is Finseta 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. Finseta's annualized ROCE % for the quarter that ended in Jun. 2024 was 30.21%.

Finseta ROCE % Historical Data

The historical data trend for Finseta'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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Finseta ROCE % Chart

Finseta Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-6,379.22

-459.49

44.44

Finseta Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial				-763.46	-302.66	11.49	74.54	30.21

Finseta ROCE % Calculation

Finseta'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 )
	=	1.669	/	( ( (5.033 - 2.523)	+	(7.83 - 2.828) )	/ 2 )
	=	1.669	/	( (2.51	+	5.002)	/ 2 )
	=	1.669	/	3.756
	=	44.44 %

Finseta'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 )
	=	1.59	/	( ( (7.83 - 2.828)	+	(7.962 - 2.436) )	/ 2 )
	=	1.59	/	( ( 5.002	+	5.526 )	/ 2 )
	=	1.59	/	5.264
	=	30.21 %

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

Finseta (FRA:90W) 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.

Finseta ROCE % Related Terms

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Finseta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Finseta PLC (FRA:90W) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FIN:UK

Address

14-18 Copthall Avenue, London, ENG, EC2R 7DJ

Website

https://finseta.com

Finseta PLC is a cloud-based provider of multi-currency accounts, international payment, currency risk management, and electronic account services focused on removing the complexity of international payments for customers.

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