Dedalus France (LTS:0F7P) ROCE % : 8.83% (As of Dec. 2019)

View and export this data going back to 2007. Start your Free Trial

What is Dedalus France 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. Dedalus France's annualized ROCE % for the quarter that ended in Dec. 2019 was 8.83%.

Dedalus France ROCE % Historical Data

The historical data trend for Dedalus France'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.

Dedalus France ROCE % Chart

Dedalus France Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

Get a 7-Day Free Trial

-2.30

-17.08

-7.28

1.06

1.48

Dedalus France Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
ROCE %	Get a 7-Day Free Trial															-3.17	-4.43	5.58	-7.45	8.83

Dedalus France ROCE % Calculation

Dedalus France's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	1.013	/	( ( (76.489 - 22.875)	+	(117.198 - 34.038) )	/ 2 )
	=	1.013	/	( (53.614	+	83.16)	/ 2 )
	=	1.013	/	68.387
	=	1.48 %

Dedalus France's ROCE % of for the quarter that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2019 )		(Q: Jun. 2019 )		(Q: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2019 )		(Q: Jun. 2019 )		(Q: Dec. 2019 )
	=	5.932	/	( ( (80.167 - 28.894)	+	(117.198 - 34.038) )	/ 2 )
	=	5.932	/	( ( 51.273	+	83.16 )	/ 2 )
	=	5.932	/	67.2165
	=	8.83 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2019) EBIT data.

Dedalus France (LTS:0F7P) 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.

Dedalus France ROCE % Related Terms

Thank you for viewing the detailed overview of Dedalus France's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Dedalus France Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dedalus France (LTS:0F7P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Avenue Galilee, Le Plessis Robinson, FRA, FR-92350

Website

https://www.dedalus-france.fr

Dedalus France is a France based company involved in providing software solutions to healthcare institutions in the areas of patient file, technical platforms (biology, imaging, pharmacy, oncology) and billing. The services offered by the company include Support & Maintenance, Hosting / ASP / SaaS and outsourcing.

Dedalus France Headlines

No Headlines