Systar (XPAR:SAR) ROCE % : 14.37% (As of Dec. 2013)

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What is Systar 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. Systar's annualized ROCE % for the quarter that ended in Dec. 2013 was 14.37%.

Systar ROCE % Historical Data

The historical data trend for Systar'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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Systar ROCE % Chart

Systar Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

ROCE %

-2.04

14.07

8.02

24.46

-15.34

Systar Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
ROCE %	Get a 7-Day Free Trial				23.60	25.99	-0.66	-30.93	14.37

Systar ROCE % Calculation

Systar's annualized ROCE % for the fiscal year that ended in Jun. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2013 )		(A: Jun. 2012 )		(A: Jun. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2013 )		(A: Jun. 2012 )		(A: Jun. 2013 )
	=	-1.832	/	( ( (25.429 - 12.919)	+	(21.775 - 10.399) )	/ 2 )
	=	-1.832	/	( (12.51	+	11.376)	/ 2 )
	=	-1.832	/	11.943
	=	-15.34 %

Systar's ROCE % of for the quarter that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2013 )		(Q: Jun. 2013 )		(Q: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2013 )		(Q: Jun. 2013 )		(Q: Dec. 2013 )
	=	1.54	/	( ( (21.775 - 10.399)	+	(21.98 - 11.916) )	/ 2 )
	=	1.54	/	( ( 11.376	+	10.064 )	/ 2 )
	=	1.54	/	10.72
	=	14.37 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2013) EBIT data.

Systar (XPAR:SAR) 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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Systar (XPAR:SAR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.systar.com

Systar is a provider of performance management software that enables large organizations to maximize the efficiency of their business operations and IT infrastructure.