Safeture AB (OSTO:SFTR) ROCE % : 1.86% (As of Sep. 2024)

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What is Safeture 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. Safeture AB's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.86%.

Safeture AB ROCE % Historical Data

The historical data trend for Safeture 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.

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Safeture AB ROCE % Chart

Safeture AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-38.70

-70.41

-222.04

-135.89

-58.17

Safeture AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-30.48	-20.75	-9.47	-5.93	1.86

Safeture AB ROCE % Calculation

Safeture AB'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 )
	=	-17.002	/	( ( (43.824 - 19.272)	+	(51.6 - 17.699) )	/ 2 )
	=	-17.002	/	( (24.552	+	33.901)	/ 2 )
	=	-17.002	/	29.2265
	=	-58.17 %

Safeture AB's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0.508	/	( ( (53.747 - 26.492)	+	(48.398 - 20.908) )	/ 2 )
	=	0.508	/	( ( 27.255	+	27.49 )	/ 2 )
	=	0.508	/	27.3725
	=	1.86 %

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

Safeture AB (OSTO:SFTR) 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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Safeture AB Business Description

Industry

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Address

Scheelevagen 27, Ideon Gateway, Lund, SWE, 223 63

Website

https://www.safeture.com

Safeture AB provides a mobile based personal security service for companies and individuals to protect their employees and/or themselves when traveling abroad. Its Safeture Enterprise platform is an open platform which allows clients to adopt specific internal processes and integrate them with external suppliers. The Safeture Enterprise Modules include Travel, Mobile App, E-learning, Machine Translation and Mass Communication among others.

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