Zix (ZIXI) ROCE % : -0.35% (As of Sep. 2021)

View and export this data going back to 1989. Start your Free Trial

What is Zix 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. Zix's annualized ROCE % for the quarter that ended in Sep. 2021 was -0.35%.

Zix ROCE % Historical Data

The historical data trend for Zix'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.

Zix ROCE % Chart

Zix Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

Get a 7-Day Free Trial

17.24

21.60

19.62

-4.50

1.31

Zix Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
ROCE %	Get a 7-Day Free Trial															2.94	1.32	-0.47	-1.19	-0.35

Zix ROCE % Calculation

Zix's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	4.64	/	( ( (412.721 - 75.024)	+	(449.724 - 78.792) )	/ 2 )
	=	4.64	/	( (337.697	+	370.932)	/ 2 )
	=	4.64	/	354.3145
	=	1.31 %

Zix's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	-1.276	/	( ( (452.967 - 85.023)	+	(450.923 - 82.952) )	/ 2 )
	=	-1.276	/	( ( 367.944	+	367.971 )	/ 2 )
	=	-1.276	/	367.9575
	=	-0.35 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

Zix (NAS:ZIXI) 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.

Zix ROCE % Related Terms

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

Zix (ZIXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zix Corp (NAS:ZIXI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2711 North Haskell Avenue, Suite 2200, LB 36, Dallas, TX, USA, 75204-2960

Website

https://www.zix.com

Zix Corp is a provider of security software for organizations in the healthcare, financial services, insurance, and government sectors. Its services include email encryption, data loss prevention, and bring- your-own-device security to meet data protection and compliance needs. The firm's flagship Zix Email Encryption enables transparent encrypted email delivery through its patented Best Method of Delivery, a secure and convenient method for the recipient, and Zix Gateway, which encrypts and decrypts sensitive messages. The company derives revenue from subscription fees on a one- to three-year basis. The vast majority of the firm's revenue is generated in the United States.

Executives

Taher Elgamal	director	245 SELBY LANE ATHERTON CA 94027
Di Leo John P.	officer: Chief Revenue Officer	2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
David E Rockvam	officer: CFO	2711 N. HASKELL AVENUE SUITE 2200 DALLAS TX 75204
Richard Spurr	director	6038 AZALEA LANE DALLAS TX 75230
Noah F Webster	officer: VP, General Counsel	2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Maryclaire Campbell	director	2711 N. HASKELL AVENUE SUITE 2200 DALLAS TX 75204
David Wagner	director, officer: President, CEO	2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Dave Robertson	officer: Vice President	2711 N HASKELL AVE STE 2300 LB 36 DALLAS TX 75204
Kelly P Haggerty	officer: Vice President	2711 N. HASKELL AVENUE SUITE 2200 DALLAS TX 75204
Maribess L Miller	director	2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Robert C Hausmann	director	6586 INGLESIDE COURT SAN JOSE CA 95120
Mark J Bonney	director	2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 74204
True Wind Capital Gp, Llc	director, 10 percent owner	FOUR EMBARCADERO CENTER, SUITE 2350, SAN FRANCISCO CA 94111
Zephyr Holdco, Llc	director, 10 percent owner	C/O TRUE WIND CAPITAL FOUR EMBARCADERO CENTER SUITE 2350 SAN FRANCISCO CA 94111
Greene James H Jr	director, 10 percent owner	C/O KKR, 9 W 57TH ST, NEW YORK NY 10019