Eutelsat Communications (LSE:ETL) ROCE % : 0.00% (As of Jun. 2024)

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What is Eutelsat Communications 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. Eutelsat Communications's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Eutelsat Communications ROCE % Historical Data

The historical data trend for Eutelsat Communications'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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Eutelsat Communications ROCE % Chart

Eutelsat Communications Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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7.24

4.82

6.26

8.24

-2.66

Eutelsat Communications Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															4.61	3.88	12.81	-3.94	-

Eutelsat Communications ROCE % Calculation

Eutelsat Communications's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-192.6	/	( ( (7410.8 - 712.5)	+	(8518.4 - 761.3) )	/ 2 )
	=	-192.6	/	( (6698.3	+	7757.1)	/ 2 )
	=	-192.6	/	7227.7
	=	-2.66 %

Eutelsat Communications'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 )
	=	0	/	( ( (8805.9 - 807.8)	+	(8518.4 - 761.3) )	/ 2 )
	=	0	/	( ( 7998.1	+	7757.1 )	/ 2 )
	=	0	/	7877.6
	=	0.00 %

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

Eutelsat Communications (LSE:ETL) 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.

Eutelsat Communications ROCE % Related Terms

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Eutelsat Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eutelsat Communications (LSE:ETL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EUTLF:USA ETCMY:USA ETL:France E3B:Germany ETL:Austria

Address

32, boulevard Gallieni, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://www.eutelsat.com

Eutelsat Communications is a French commercial satellite provider with coverage spanning the European continent, the Middle East, Africa, India, and the Americas. It operates a fleet of over 36 satellites serving broadcasters, telecommunications operators, Internet service providers, and government agencies. These satellites are used for video broadcasting, news gathering, broadband services, and data connectivity solutions. The company generates revenue in Europe, the Americas, the Middle East, North Africa, and Asia.

Eutelsat Communications Headlines

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