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Unwrap Finance AB (XSAT:UNWRAP) ROCE % : -18.33% (As of Mar. 2020)


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What is Unwrap Finance 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. Unwrap Finance AB's annualized ROCE % for the quarter that ended in Mar. 2020 was -18.33%.


Unwrap Finance AB ROCE % Historical Data

The historical data trend for Unwrap Finance 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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Unwrap Finance AB ROCE % Chart

Unwrap Finance AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19
ROCE %
-23.91 -77.31 -68.23 -46.16

Unwrap Finance AB Quarterly Data
Mar16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -91.47 -310.99 -112.69 72.69 -18.33

Unwrap Finance AB ROCE % Calculation

Unwrap Finance AB's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=-10.389/( ( (43.463 - 12.559) + (17.356 - 3.249) )/ 2 )
=-10.389/( (30.904+14.107)/ 2 )
=-10.389/22.5055
=-46.16 %

Unwrap Finance AB's ROCE % of for the quarter that ended in Mar. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2020 )  (Q: Dec. 2019 )(Q: Mar. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2020 )  (Q: Dec. 2019 )(Q: Mar. 2020 )
=-2.528/( ( (17.356 - 3.249) + (20.774 - 7.299) )/ 2 )
=-2.528/( ( 14.107 + 13.475 )/ 2 )
=-2.528/13.791
=-18.33 %

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


Unwrap Finance AB  (XSAT:UNWRAP) 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.


Unwrap Finance AB ROCE % Related Terms

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Unwrap Finance AB (XSAT:UNWRAP) Business Description

Traded in Other Exchanges
N/A
Address
Vastra Jarnvagsgatan 3, floor 9, Box 815, Stockholm, SWE, 101 36
Unwrap Finance AB is engaged in the financial industry. The company's focus is to offer financing and growth capital for small and medium-sized companies in both the short and long term around the Nordic market. The business is run with financial products and financing solutions put together in more efficient ways.

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