Growens SpA (MIL:GROW) ROCE % : 0.00% (As of Jun. 2024)

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

Growens SpA ROCE % Historical Data

The historical data trend for Growens 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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Growens SpA ROCE % Chart

Growens SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.72

4.57

4.13

-4.80

-8.25

Growens SpA Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Growens SpA ROCE % Calculation

Growens 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 )
	=	-3.688	/	( ( (61.138 - 33.154)	+	(82.201 - 20.75) )	/ 2 )
	=	-3.688	/	( (27.984	+	61.451)	/ 2 )
	=	-3.688	/	44.7175
	=	-8.25 %

Growens SpA'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	/	( ( (82.201 - 20.75)	+	(69.958 - 30.08) )	/ 2 )
	=	0	/	( ( 61.451	+	39.878 )	/ 2 )
	=	0	/	50.6645
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Growens SpA (MIL:GROW) 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.

Growens SpA ROCE % Related Terms

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Growens SpA Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0MU:Germany

Address

Via Pola 9, Milan, ITA, 20124

Website

https://www.growens.io

Growens SpA is a company has developed a software-as-a-service platform that provides Cloud services to its customers, with a specific emphasis on content design. Additionally, the company is involved in the development and sale of technologies for the mass sending of SMS messages for marketing and transactional purposes. The company has established connections with over 370 B2B operators. The company develops integrations and automation, targeting, and tracking tools. The business units of the company are Agile Telecom and Beefree.