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Voluntis (XPAR:ALVTX) ROCE % : -105.77% (As of Jun. 2021)


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What is Voluntis 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. Voluntis's annualized ROCE % for the quarter that ended in Jun. 2021 was -105.77%.


Voluntis ROCE % Historical Data

The historical data trend for Voluntis'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.

Voluntis ROCE % Chart

Voluntis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
ROCE %
-140.40 -706.95 -136.59 -99.86 -143.36

Voluntis Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -79.67 -114.17 -328.47 -130.95 -105.77

Voluntis ROCE % Calculation

Voluntis'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 )
=-11.252/( ( (17.276 - 10.23) + (17.852 - 9.2) )/ 2 )
=-11.252/( (7.046+8.652)/ 2 )
=-11.252/7.849
=-143.36 %

Voluntis's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2021 )  (Q: Dec. 2020 )(Q: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2021 )  (Q: Dec. 2020 )(Q: Jun. 2021 )
=-8.088/( ( (17.852 - 9.2) + (16.753 - 10.111) )/ 2 )
=-8.088/( ( 8.652 + 6.642 )/ 2 )
=-8.088/7.647
=-105.77 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2021) 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.


Voluntis  (XPAR:ALVTX) 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.


Voluntis ROCE % Related Terms

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Voluntis (XPAR:ALVTX) Business Description

Traded in Other Exchanges
N/A
Address
58, Avenue de Wagram, Paris, FRA, 75017
Voluntis SA is engaged in developing patient-centric digital health solutions. The company offers digital solutions for diabetes, respiratory diseases, cancer, anticoagulation treatments, and haemophilia. The Company operates in a single segment: Development of therapeutic digital solutions based on its Theraxium platform.

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