CybAero AB (OSTO:CBA BTA) ROCE % : -60.47% (As of Jun. 2017)

View and export this data going back to . Start your Free Trial

What is CybAero AB 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. CybAero AB's annualized ROCE % for the quarter that ended in Jun. 2017 was -60.47%.

CybAero AB ROCE % Historical Data

The historical data trend for CybAero AB'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.

* Premium members only.

CybAero AB ROCE % Chart

CybAero AB Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

ROCE %

Get a 7-Day Free Trial

-70.26

-73.79

-52.60

-67.07

-67.74

CybAero AB Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
ROCE %	Get a 7-Day Free Trial													-70.73	-83.64	-96.07	-74.26	-60.47

CybAero AB ROCE % Calculation

CybAero AB's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	-86.836	/	( ( (147.681 - 25.013)	+	(151.918 - 18.218) )	/ 2 )
	=	-86.836	/	( (122.668	+	133.7)	/ 2 )
	=	-86.836	/	128.184
	=	-67.74 %

CybAero AB's ROCE % of for the quarter that ended in Jun. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2017 )		(Q: Dec. 2016 )		(Q: Jun. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2017 )		(Q: Dec. 2016 )		(Q: Jun. 2017 )
	=	-69.786	/	( ( (151.918 - 18.218)	+	(117.486 - 20.377) )	/ 2 )
	=	-69.786	/	( ( 133.7	+	97.109 )	/ 2 )
	=	-69.786	/	115.4045
	=	-60.47 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2017) EBIT data.

CybAero AB (OSTO:CBA BTA) 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.

CybAero AB ROCE % Related Terms

Thank you for viewing the detailed overview of CybAero AB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

CybAero AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CybAero AB (OSTO:CBA BTA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.cybaero.se

CybAero AB develops and manufactures autonomous unmanned helicopters and related sensor systems.

CybAero AB Headlines

No Headlines