Secunet Security Networks AG (XTER:YSN) ROCE % : 38.68% (As of Dec. 2023)

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What is Secunet Security Networks AG 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. Secunet Security Networks AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 38.68%.

Secunet Security Networks AG ROCE % Historical Data

The historical data trend for Secunet Security Networks AG'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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Secunet Security Networks AG ROCE % Chart

Secunet Security Networks AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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31.24

36.83

36.91

23.56

20.09

Secunet Security Networks AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															46.10	16.37	32.80	3.98	38.68

Secunet Security Networks AG ROCE % Calculation

Secunet Security Networks AG'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 )
	=	42.986	/	( ( (315.42 - 103.328)	+	(328.638 - 112.896) )	/ 2 )
	=	42.986	/	( (212.092	+	215.742)	/ 2 )
	=	42.986	/	213.917
	=	20.09 %

Secunet Security Networks AG'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	78.01	/	( ( (281.097 - 93.433)	+	(328.638 - 112.896) )	/ 2 )
	=	78.01	/	( ( 187.664	+	215.742 )	/ 2 )
	=	78.01	/	201.703
	=	38.68 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Secunet Security Networks AG (XTER:YSN) 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.

Secunet Security Networks AG ROCE % Related Terms

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Secunet Security Networks AG (XTER:YSN) Business Description

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Comparable Companies

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YSN:Germany YSN:Germany YSN:Germany

Address

Kurfuerstenstrasse 58, Essen, NW, DEU, 45138

Website

http://www.secunet.com

Secunet Security Networks AG is an IT and telecommunications security provider. It offers public-sector clients and private-sector companies a comprehensive portfolio of products and consulting services for the protection of data, infrastructures, and digital identities as well as for information transmission, storage, and processing. Its services include consulting on IT security, software development, development, integration, operations, maintenance, and support of products. The company operates through two divisions, Public Sector, and Business Sector. The company generates maximum revenue from Public Sector.

Secunet Security Networks AG (XTER:YSN) Headlines

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