ironSource (ironSource) ROCE % : 2.53% (As of Jun. 2022)

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What is ironSource 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. ironSource's annualized ROCE % for the quarter that ended in Jun. 2022 was 2.53%.

ironSource ROCE % Historical Data

The historical data trend for ironSource'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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ironSource ROCE % Chart

ironSource Annual Data

Trend

Dec19

Dec20

Dec21

ROCE %

22.51

11.20

ironSource Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
ROCE %	Get a 7-Day Free Trial					6.26	8.85	10.03	5.76	2.53

ironSource ROCE % Calculation

ironSource's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	82.367	/	( ( (535.836 - 206.664)	+	(1450.823 - 308.836) )	/ 2 )
	=	82.367	/	( (329.172	+	1141.987)	/ 2 )
	=	82.367	/	735.5795
	=	11.20 %

ironSource's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	30.524	/	( ( (1552.121 - 362.76)	+	(1560.624 - 338.567) )	/ 2 )
	=	30.524	/	( ( 1189.361	+	1222.057 )	/ 2 )
	=	30.524	/	1205.709
	=	2.53 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

ironSource (NYSE:IS) 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.

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ironSource (ironSource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ironSource Ltd (NYSE:IS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Menachem Begin Street, Azrieli Sarona Tower, Tel Aviv, ISR, 6701203

Website

https://www.is.com

ironSource Ltd is a business platform that enables mobile content creators to prosper within the app economy. App developers use ironSource's platform to turn their apps into successful, scalable businesses. The ironSource platform also empowers telecom operators to create a richer device experiences for their customers.