Osirium Technologies (LSE:OSI) ROCE % : -116.85% (As of Jun. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Osirium Technologies 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. Osirium Technologies's annualized ROCE % for the quarter that ended in Jun. 2023 was -116.85%.

Osirium Technologies ROCE % Historical Data

The historical data trend for Osirium Technologies'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.

Osirium Technologies ROCE % Chart

Osirium Technologies Annual Data

Trend

Oct13

Oct14

Oct15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

-77.23

-65.61

-59.32

-98.13

-120.24

Osirium Technologies Semi-Annual Data
	Oct13	Oct14	Apr15	Oct15	Apr16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial													-76.16	-94.01	-115.18	-129.42	-116.85

Osirium Technologies ROCE % Calculation

Osirium Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-3.356	/	( ( (5.115 - 2.174)	+	(5.994 - 3.353) )	/ 2 )
	=	-3.356	/	( (2.941	+	2.641)	/ 2 )
	=	-3.356	/	2.791
	=	-120.24 %

Osirium Technologies's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-2.476	/	( ( (5.994 - 3.353)	+	(5.031 - 3.434) )	/ 2 )
	=	-2.476	/	( ( 2.641	+	1.597 )	/ 2 )
	=	-2.476	/	2.119
	=	-116.85 %

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

Osirium Technologies (LSE:OSI) 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.

Osirium Technologies ROCE % Related Terms

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

Osirium Technologies (LSE:OSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Osirium Technologies PLC (LSE:OSI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-13 High Street, Theale Court, Reading, Theale, Berkshire, GBR, RG7 5AH

Website

https://www.osirium.com

Osirium Technologies PLC is a United Kingdom-based company that provides cyber-security software that protects critical IT assets, infrastructures and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts. Majority of the revenue is derived from the sale of software subscriptions and consultancy services to the customers in the United Kingdom.