Innotec Tss AG (LTS:0NL8) ROCE % : 9.88% (As of Jun. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Innotec Tss 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. Innotec Tss AG's annualized ROCE % for the quarter that ended in Jun. 2023 was 9.88%.

Innotec Tss AG ROCE % Historical Data

The historical data trend for Innotec Tss 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.

* Premium members only.

Innotec Tss AG ROCE % Chart

Innotec Tss AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

12.86

13.30

12.27

13.06

15.52

Innotec Tss AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															12.05	14.66	16.72	15.09	9.88

Innotec Tss AG ROCE % Calculation

Innotec Tss AG'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 )
	=	15.469	/	( ( (109.785 - 13.272)	+	(116.968 - 14.141) )	/ 2 )
	=	15.469	/	( (96.513	+	102.827)	/ 2 )
	=	15.469	/	99.67
	=	15.52 %

Innotec Tss AG'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 )
	=	9.958	/	( ( (116.968 - 14.141)	+	(113.453 - 14.673) )	/ 2 )
	=	9.958	/	( ( 102.827	+	98.78 )	/ 2 )
	=	9.958	/	100.8035
	=	9.88 %

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

Innotec Tss AG (LTS:0NL8) 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.

Innotec Tss AG ROCE % Related Terms

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

Innotec Tss AG (LTS:0NL8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Innotec Tss AG (LTS:0NL8) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TSS:Germany

Address

Grunerstrasse 62, Duesseldorf, DEU, 40239

Website

https://www.innotectss.de

Innotec Tss AG manufactures door systems & products for structural engineering. It operates two divisions: Door Systems, which manufactures door panels series & door systems, and Structural Engineering, a provider for the building construction industry.

Innotec Tss AG (LTS:0NL8) Headlines

No Headlines