G1 Secure Solutions (XTAE:GOSS) ROCE % : 6.71% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is G1 Secure Solutions 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. G1 Secure Solutions's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.71%.

G1 Secure Solutions ROCE % Historical Data

The historical data trend for G1 Secure Solutions'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.

G1 Secure Solutions ROCE % Chart

G1 Secure Solutions Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

41.50

29.62

18.28

22.44

22.82

G1 Secure Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															15.53	29.28	26.47	28.79	6.71

G1 Secure Solutions ROCE % Calculation

G1 Secure Solutions'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 )
	=	43.828	/	( ( (424.44 - 233.777)	+	(437.951 - 244.56) )	/ 2 )
	=	43.828	/	( (190.663	+	193.391)	/ 2 )
	=	43.828	/	192.027
	=	22.82 %

G1 Secure Solutions's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	13.076	/	( ( (467.914 - 271.565)	+	(437.951 - 244.56) )	/ 2 )
	=	13.076	/	( ( 196.349	+	193.391 )	/ 2 )
	=	13.076	/	194.87
	=	6.71 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

G1 Secure Solutions (XTAE:GOSS) 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.

G1 Secure Solutions ROCE % Related Terms

Thank you for viewing the detailed overview of G1 Secure Solutions's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

G1 Secure Solutions (XTAE:GOSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » G1 Secure Solutions Ltd (XTAE:GOSS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

HaShacham Street, Petah Tikva, ISR, 4951714

Website

https://www.g1-group.com

G1 Secure Solutions Ltd provides security and safety services. The company offers solutions such as physical security services, electronic security, low voltage systems, structure control, and security technologies among others. It provides its services to financial institutions, residential and office buildings, industry and defense industries, infrastructure and energy, tourism, and public space, among others.