Azerion Group NV (XAMS:AZRN) ROCE % : -3.60% (As of Jun. 2024)

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What is Azerion Group NV 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. Azerion Group NV's annualized ROCE % for the quarter that ended in Jun. 2024 was -3.60%.

Azerion Group NV ROCE % Historical Data

The historical data trend for Azerion Group NV'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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Azerion Group NV ROCE % Chart

Azerion Group NV Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

0.47

-38.71

21.01

Azerion Group NV Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial										202.16	-3.75	-5.87	-3.60	-

Azerion Group NV ROCE % Calculation

Azerion Group NV'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 )
	=	71.8	/	( ( (638.5 - 284.6)	+	(652 - 322.3) )	/ 2 )
	=	71.8	/	( (353.9	+	329.7)	/ 2 )
	=	71.8	/	341.8
	=	21.01 %

Azerion Group NV's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-11.2	/	( ( (638.2 - 327)	+	(0 - 0) )	/ 1 )
	=	-11.2	/	( ( 311.2	+	0 )	/ 1 )
	=	-11.2	/	311.2
	=	-3.60 %

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

Azerion Group NV (XAMS:AZRN) 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.

Azerion Group NV ROCE % Related Terms

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Azerion Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Azerion Group NV (XAMS:AZRN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

9Q9:Germany

Address

Boeing Avenue 30, Schiphol-Rijk, NLD, 1119 PE

Website

https://www.azerion.com

Azerion Group NV is engaged in providing a digital entertainment and media platform. It is engaged in providing technology solutions to automate the purchase and sale of digital advertising inventory for advertisers, publishers, and game creators as well as developing, publishing, distributing, and operating online social and casual games and digital content. The group's reportable segments are Platform and Premium Games.

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