Integrated System Credit Consulting Fintech SpA (MIL:ISC) ROCE % : -16.14% (As of Jun. 2023)

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What is Integrated System Credit Consulting Fintech 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. Integrated System Credit Consulting Fintech SpA's annualized ROCE % for the quarter that ended in Jun. 2023 was -16.14%.

Integrated System Credit Consulting Fintech SpA ROCE % Historical Data

The historical data trend for Integrated System Credit Consulting Fintech 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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Integrated System Credit Consulting Fintech SpA ROCE % Chart

Integrated System Credit Consulting Fintech SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-6.75

-4.01

0.14

-42.55

Integrated System Credit Consulting Fintech SpA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-4.86	-12.63	13.34	-16.14	-47.73

Integrated System Credit Consulting Fintech SpA ROCE % Calculation

Integrated System Credit Consulting Fintech SpA's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	0.025	/	( ( (20.254 - 1.918)	+	(21.072 - 3.956) )	/ 2 )
	=	0.025	/	( (18.336	+	17.116)	/ 2 )
	=	0.025	/	17.726
	=	0.14 %

Integrated System Credit Consulting Fintech SpA's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-2.81	/	( ( (21.072 - 3.956)	+	(19.853 - 2.159) )	/ 2 )
	=	-2.81	/	( ( 17.116	+	17.694 )	/ 2 )
	=	-2.81	/	17.405
	=	-16.14 %

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

Integrated System Credit Consulting Fintech SpA (MIL:ISC) 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.

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Integrated System Credit Consulting Fintech SpA (MIL:ISC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Integrated System Credit Consulting Fintech SpA (MIL:ISC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Aldo Barbaro 15, Turin, ITA, 10143

Website

https://www.isccfintech.it

Integrated System Credit Consulting Fintech SpA is engaged in the credit and legal activities related to credit management.

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