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Solutiance AG (STU:SLSA) ROCE % : -96.82% (As of Dec. 2020)


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What is Solutiance AG 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. Solutiance AG's annualized ROCE % for the quarter that ended in Dec. 2020 was -96.82%.


Solutiance AG ROCE % Historical Data

The historical data trend for Solutiance AG'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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Solutiance AG ROCE % Chart

Solutiance AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROCE %
Get a 7-Day Free Trial -23.61 -35.97 -85.80 -231.64 -96.82

Solutiance AG Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROCE % Get a 7-Day Free Trial -23.61 -35.97 -85.80 -231.64 -96.82

Solutiance AG ROCE % Calculation

Solutiance AG's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-2.864/( ( (2.971 - 0.292) + (3.884 - 0.647) )/ 2 )
=-2.864/( (2.679+3.237)/ 2 )
=-2.864/2.958
=-96.82 %

Solutiance AG's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2020 )  (Q: Dec. 2019 )(Q: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2020 )  (Q: Dec. 2019 )(Q: Dec. 2020 )
=-2.864/( ( (2.971 - 0.292) + (3.884 - 0.647) )/ 2 )
=-2.864/( ( 2.679 + 3.237 )/ 2 )
=-2.864/2.958
=-96.82 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2020) EBIT data.

* 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.


Solutiance AG  (STU:SLSA) 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.


Solutiance AG ROCE % Related Terms

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Solutiance AG (STU:SLSA) Business Description

Traded in Other Exchanges
N/A
Address
Wetzlarer Strasse 50, Potsdam, BB, DEU, 14482
Solutiance AG is a Germany based solution provider with a focus on maintenance and servicing applications. It offers, develops, and installs electronically controlled leak detection systems to monitor the waterproofing or lining membranes on commercial and civil projects. Its solutions include TrackLean, Facility scanner. Its systems are used in landfills, septic tanks, tunnels and flat roofs.

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