Hansen Technologies (Hansen Technologies) ROCE % : 11.73% (As of Dec. 2023)

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What is Hansen Technologies 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. Hansen Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.73%.

Hansen Technologies ROCE % Historical Data

The historical data trend for Hansen Technologies'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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Hansen Technologies ROCE % Chart

Hansen Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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7.70

7.97

19.62

13.38

12.86

Hansen Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															15.49	9.87	11.12	17.56	11.73

Hansen Technologies ROCE % Calculation

Hansen Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	39.221	/	( ( (373.034 - 57.247)	+	(346.703 - 52.317) )	/ 2 )
	=	39.221	/	( (315.787	+	294.386)	/ 2 )
	=	39.221	/	305.0865
	=	12.86 %

Hansen Technologies'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 )
	=	33.766	/	( ( (346.703 - 52.317)	+	(332.524 - 51.336) )	/ 2 )
	=	33.766	/	( ( 294.386	+	281.188 )	/ 2 )
	=	33.766	/	287.787
	=	11.73 %

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

Hansen Technologies (GREY:HANOF) 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.

Hansen Technologies ROCE % Related Terms

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Hansen Technologies (Hansen Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Hansen Technologies Ltd (GREY:HANOF) » Definitions » ROCE %

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Traded in Other Exchanges

H2T:Germany HSN:Australia

Address

Level 2, 31 Queen Street, Melbourne, VIC, AUS, 3000

Website

http://www.hsntech.com

Hansen is a technology company providing software and services to the energy and utilities and communications sectors throughout the developed world. Hansen's products primarily relate to billings and adjacent functions, such as customer quotes, order capture, customer data management, and customer service. Additionally, Hansen has products assisting companies with developing new products, fulfilling orders, and managing various other operational processes.