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Imagesat International (I.S.I) (XTAE:ISI) ROCE % : 6.34% (As of Dec. 2023)


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What is Imagesat International (I.S.I) 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. Imagesat International (I.S.I)'s annualized ROCE % for the quarter that ended in Dec. 2023 was 6.34%.


Imagesat International (I.S.I) ROCE % Historical Data

The historical data trend for Imagesat International (I.S.I)'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.

Imagesat International (I.S.I) ROCE % Chart

Imagesat International (I.S.I) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 8.48 8.49 7.68 2.69 3.47

Imagesat International (I.S.I) Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 1.76 -1.28 8.40 0.80 6.34

Imagesat International (I.S.I) ROCE % Calculation

Imagesat International (I.S.I)'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 )
=28.037/( ( (1074.475 - 180.298) + (987.605 - 265.599) )/ 2 )
=28.037/( (894.177+722.006)/ 2 )
=28.037/808.0915
=3.47 %

Imagesat International (I.S.I)'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 )
=47.408/( ( (967.325 - 193.852) + (987.605 - 265.599) )/ 2 )
=47.408/( ( 773.473 + 722.006 )/ 2 )
=47.408/747.7395
=6.34 %

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


Imagesat International (I.S.I)  (XTAE:ISI) 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.


Imagesat International (I.S.I) ROCE % Related Terms

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Imagesat International (I.S.I) (XTAE:ISI) Business Description

Traded in Other Exchanges
N/A
Address
6 Yoni Netanyahu Street, Or Yehuda, ISR, 6037604
Imagesat International (I.S.I) Ltd is a provider of space-based intelligence & information solutions. The satellite services of the company include EROS C, EROS B, EROSAR, and global eye.

Imagesat International (I.S.I) (XTAE:ISI) Headlines

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