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Endace (LSE:EDA) ROCE % : -0.49% (As of Sep. 2012)


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What is Endace 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. Endace's annualized ROCE % for the quarter that ended in Sep. 2012 was -0.49%.

Endace ROCE % Historical Data

The historical data trend for Endace'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.

Endace ROCE % Chart

Endace Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11
ROCE %
Get a 7-Day Free Trial Premium Member Only 23.18 22.70 23.31 -1.38 8.46

Endace Semi-Annual Data
Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Mar12 Sep12
ROCE % Get a 7-Day Free Trial 34.31 16.90 26.88 14.54 -0.49

Endace ROCE % Calculation

Endace's annualized ROCE % for the fiscal year that ended in Mar. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2011 )  (A: Mar. 2010 )(A: Mar. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2011 )  (A: Mar. 2010 )(A: Mar. 2011 )
=1.504/( ( (22.843 - 5.416) + (25.537 - 7.418) )/ 2 )
=1.504/( (17.427+18.119)/ 2 )
=1.504/17.773
=8.46 %

Endace's ROCE % of for the quarter that ended in Sep. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2012 )  (Q: Mar. 2012 )(Q: Sep. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2012 )  (Q: Mar. 2012 )(Q: Sep. 2012 )
=-0.098/( ( (27.134 - 6.999) + (25.941 - 6.127) )/ 2 )
=-0.098/( ( 20.135 + 19.814 )/ 2 )
=-0.098/19.9745
=-0.49 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2012) EBIT data.

* 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.

Endace  (LSE:EDA) 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.

Endace ROCE % Related Terms

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