Ayfie Group AS (OSL:AYFIE) ROCE % : 0.00% (As of Dec. 2023)

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What is Ayfie Group 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. Ayfie Group AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Ayfie Group AS ROCE % Historical Data

The historical data trend for Ayfie Group 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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Ayfie Group AS ROCE % Chart

Ayfie Group AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-798.11

-242.98

12.07

-112.55

-498.48

Ayfie Group AS Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						13.16	-25.27	-204.65	-310.12	-

Ayfie Group AS ROCE % Calculation

Ayfie Group 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 )
	=	-25.951	/	( ( (28.551 - 15.613)	+	(10.503 - 13.029) )	/ 2 )
	=	-25.951	/	( (12.938	+	-2.526)	/ 2 )
	=	-25.951	/	5.206
	=	-498.48 %

Ayfie Group AS'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 )
	=	-28.992	/	( ( (16.018 - 14.181)	+	(10.503 - 13.029) )	/ 2 )
	=	-28.992	/	( ( 1.837	+	-2.526 )	/ 2 )
	=	-28.992	/	-0.3445
	=	0 %

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

Ayfie Group AS (OSL:AYFIE) 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.

Ayfie Group AS ROCE % Related Terms

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Ayfie Group AS (OSL:AYFIE) Business Description

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Traded in Other Exchanges

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Address

Karenslyst Alle 10, Oslo, NOR, 0278

Website

https://www.ayfie.com

Ayfie Group AS is a search company offering intelligent knowledge discovery products and search solutions. The firm is a software company specializing in text analytics and smart research based on natural language processing and machine learning. Its core products are ayfie Inspector and ayfie Locator which is used in the legal, financial, corporate, and compliance markets. The company generates a majority of its revenue from subscriptions and geographically, it generates from Norway.

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