Olidata SpA (LTS:0FHJ) ROCE % : 68.42% (As of Dec. 2023)

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What is Olidata SpA 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. Olidata SpA's annualized ROCE % for the quarter that ended in Dec. 2023 was 68.42%.

Olidata SpA ROCE % Historical Data

The historical data trend for Olidata SpA'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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Olidata SpA ROCE % Chart

Olidata SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-31.63

42.43

Olidata SpA Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Dec20	Dec21	Jun22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-	-	-	56.65	68.42

Olidata SpA ROCE % Calculation

Olidata SpA'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 )
	=	6.949	/	( ( (84.73 - 70.83)	+	(91.655 - 72.797) )	/ 2 )
	=	6.949	/	( (13.9	+	18.858)	/ 2 )
	=	6.949	/	16.379
	=	42.43 %

Olidata SpA'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 )
	=	12	/	( ( (96.444 - 80.222)	+	(91.655 - 72.797) )	/ 2 )
	=	12	/	( ( 16.222	+	18.858 )	/ 2 )
	=	12	/	17.54
	=	68.42 %

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

Olidata SpA (LTS:0FHJ) 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.

Olidata SpA ROCE % Related Terms

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Olidata SpA (LTS:0FHJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Olidata SpA (LTS:0FHJ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OLI:Italy

Address

Via Fossalta, 3055, Cesena, FO, ITA, 47020

Website

http://www.olidata.it

Olidata SpA purchases, assembles, services, markets and programs computers, laser printers, tapes and accessories for said machines, as well as providing support for magnetic reproduction of data for computers.

Olidata SpA (LTS:0FHJ) Headlines

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