Clavister Holding AB (OSTO:CLAV) ROCE % : -11.89% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Clavister Holding 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. Clavister Holding AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -11.89%.

Clavister Holding AB ROCE % Historical Data

The historical data trend for Clavister Holding 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.

Clavister Holding AB ROCE % Chart

Clavister Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-43.48

-33.50

-37.35

-51.30

-32.75

Clavister Holding AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-28.44	-33.77	-27.27	-94.88	-11.89

Clavister Holding AB ROCE % Calculation

Clavister Holding AB'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 )
	=	-31.847	/	( ( (291.153 - 115.82)	+	(299.361 - 280.235) )	/ 2 )
	=	-31.847	/	( (175.333	+	19.126)	/ 2 )
	=	-31.847	/	97.2295
	=	-32.75 %

Clavister Holding AB's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-14.784	/	( ( (299.361 - 280.235)	+	(401.294 - 171.759) )	/ 2 )
	=	-14.784	/	( ( 19.126	+	229.535 )	/ 2 )
	=	-14.784	/	124.3305
	=	-11.89 %

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

Clavister Holding AB (OSTO:CLAV) 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.

Clavister Holding AB ROCE % Related Terms

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

Clavister Holding AB (OSTO:CLAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clavister Holding AB (OSTO:CLAV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

89P:Germany

Address

Sjogatan 6 J, Ornskoldsvik, SWE, SE-891 60

Website

https://www.clavister.com

Clavister Holding AB is engaged in the development, production, and sales of network security solutions within the field of cybersecurity. The company's solutions are based on proprietary, high-performance software. Its products include network security, device security, identity, and access management, cloud services, and management and security analysis. The clients range from the public to the private sector all over the world. Its operations are spread across Sweden, Asia, the Rest of Europe, and the Rest of the world with the majority of the revenue deriving from Sweden.

Clavister Holding AB (OSTO:CLAV) Headlines

No Headlines