Symetis (XSWX:SYMS) ROCE % : -193.37% (As of Dec. 2016)

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What is Symetis 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. Symetis's annualized ROCE % for the quarter that ended in Dec. 2016 was -193.37%.

Symetis ROCE % Historical Data

The historical data trend for Symetis'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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Symetis ROCE % Chart

Symetis Annual Data

Trend

Dec14

Dec15

Dec16

ROCE %

-163.02

-171.08

-193.37

Symetis Semi-Annual Data
	Dec14	Dec15	Dec16
ROCE %	-163.02	-171.08	-193.37

Symetis ROCE % Calculation

Symetis's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	-12.572	/	( ( (25.929 - 18.772)	+	(34.803 - 28.957) )	/ 2 )
	=	-12.572	/	( (7.157	+	5.846)	/ 2 )
	=	-12.572	/	6.5015
	=	-193.37 %

Symetis's ROCE % of for the quarter that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2016 )		(Q: Dec. 2015 )		(Q: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2016 )		(Q: Dec. 2015 )		(Q: Dec. 2016 )
	=	-12.572	/	( ( (25.929 - 18.772)	+	(34.803 - 28.957) )	/ 2 )
	=	-12.572	/	( ( 7.157	+	5.846 )	/ 2 )
	=	-12.572	/	6.5015
	=	-193.37 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2016) EBIT data.

Symetis (XSWX:SYMS) 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.

Symetis ROCE % Related Terms

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Symetis (XSWX:SYMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Symetis SA (XSWX:SYMS) » Definitions » ROCE %

Comparable Companies

XSWX:LIFE XSWX:SBS XSWX:DRW3 XSWX:TECN XSWX:YPSN XSWX:SOON XSWX:EW XSWX:ZBH XSWX:ISRG XSWX:SYK XSWX:ABT XSWX:MDT

Traded in Other Exchanges

N/A

Address

Website

http://www.symetis.com

Symetis SA is a medical technology company. The company manufactures heart valve replacement devices.

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