River Tech (OSL:RIVER) ROCE % : 72.40% (As of Dec. 2023)

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What is River Tech 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. River Tech's annualized ROCE % for the quarter that ended in Dec. 2023 was 72.40%.

River Tech ROCE % Historical Data

The historical data trend for River Tech'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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River Tech ROCE % Chart

River Tech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-241.78

56.73

375.94

86.43

River Tech Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							-	221.26	126.00	105.25	72.40

River Tech ROCE % Calculation

River Tech'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 )
	=	104.873	/	( ( (123.606 - 51.201)	+	(188.44 - 18.165) )	/ 2 )
	=	104.873	/	( (72.405	+	170.275)	/ 2 )
	=	104.873	/	121.34
	=	86.43 %

River Tech'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 )
	=	107.174	/	( ( (140.739 - 14.972)	+	(188.44 - 18.165) )	/ 2 )
	=	107.174	/	( ( 125.767	+	170.275 )	/ 2 )
	=	107.174	/	148.021
	=	72.40 %

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

River Tech (OSL:RIVER) 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.

River Tech ROCE % Related Terms

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River Tech (OSL:RIVER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » River Tech PLC (OSL:RIVER) » Definitions » ROCE %

Comparable Companies

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Address

Dragonara Road, Aragon House Business Center, Saint Julian's, MLT, STJ 3140

Website

https://www.river.tech

River Tech PLC is a technology company. The company offers business to business technology products. The company is focused on assisting companies with specialist competencies, by providing secure and tailormade, yet user-friendly solutions, for the delivery of services within the online sphere.

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