DecideAct AS (OCSE:ACT) ROCE % : -83.25% (As of Jun. 2024)

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What is DecideAct AS 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. DecideAct AS's annualized ROCE % for the quarter that ended in Jun. 2024 was -83.25%.

DecideAct AS ROCE % Historical Data

The historical data trend for DecideAct AS'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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DecideAct AS ROCE % Chart

DecideAct AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.82

-49.65

-86.06

-100.42

-96.37

DecideAct AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial						-99.68	-113.05	-97.48	-123.25	-83.25

DecideAct AS ROCE % Calculation

DecideAct AS'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 )
	=	-19.251	/	( ( (27.452 - 8.621)	+	(28.826 - 7.704) )	/ 2 )
	=	-19.251	/	( (18.831	+	21.122)	/ 2 )
	=	-19.251	/	19.9765
	=	-96.37 %

DecideAct AS'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 )
	=	-14.216	/	( ( (28.826 - 7.704)	+	(22.306 - 9.276) )	/ 2 )
	=	-14.216	/	( ( 21.122	+	13.03 )	/ 2 )
	=	-14.216	/	17.076
	=	-83.25 %

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

DecideAct AS (OCSE:ACT) 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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DecideAct AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DecideAct AS (OCSE:ACT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ostre Kajgade 3, Nexo, DNK, 3730

Website

https://www.decideact.net

DecideAct AS is a provider of SaaS software and solutions that moves manual execution and follow-up of strategies to a cloud-based Strategy Execution Management platform. Its software tool is relevant to all companies and organizations, public or private, in all industries, geographies, and functional roles.