Sterling Check (Sterling Check) ROCE % : -2.13% (As of Mar. 2024)

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What is Sterling Check 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. Sterling Check's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.13%.

Sterling Check ROCE % Historical Data

The historical data trend for Sterling Check'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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Sterling Check ROCE % Chart

Sterling Check Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-1.48

-2.44

0.15

4.58

3.90

Sterling Check Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial												3.22	2.90	4.96	4.33	-2.13

Sterling Check ROCE % Calculation

Sterling Check'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 )
	=	48.484	/	( ( (1407.254 - 133.74)	+	(1363.443 - 148.136) )	/ 2 )
	=	48.484	/	( (1273.514	+	1215.307)	/ 2 )
	=	48.484	/	1244.4105
	=	3.90 %

Sterling Check's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-26.644	/	( ( (1363.443 - 148.136)	+	(1451.026 - 166.549) )	/ 2 )
	=	-26.644	/	( ( 1215.307	+	1284.477 )	/ 2 )
	=	-26.644	/	1249.892
	=	-2.13 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Sterling Check (NAS:STER) 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.

Sterling Check ROCE % Related Terms

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Sterling Check (Sterling Check) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sterling Check Corp (NAS:STER) » Definitions » ROCE %

Comparable Companies

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Traded in Other Exchanges

N/A

Address

1 State Street Plaza, 24th Floor, New York, NY, USA, 10004

Website

https://www.sterlingcheck.com

Sterling Check Corp is a global provider of technology-enabled background and identity verification services. It offers a hiring and risk management solution that begins with identity verification, followed by criminal background screening, credential verification, drug and health screening, processing of employee documentation required for onboarding, and ongoing risk monitoring. Its services are delivered through a purpose-built, proprietary, cloud-based technology platform that empowers organizations with real-time and data-driven insights to conduct and manage their employment screening programs.

Executives

Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Adrian M Jones	director	C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Steven L Barnett	officer: See Remarks	6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Kristin Ann Johnsen	director	6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Villon Bertrand Eric Arnaud	director	STERLING CHECK CORP, 6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
L Frederick Sutherland	director	STERLING CHECKCORP INC., 6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Stonehill Robyn Price	officer: See Remarks	STERLING CHECKCORP INC., 1 STATE STREET PLAZA, NEW YORK NY 10004
Crampton Christopher A.s.	director	85 BROAD STREET, NEW YORK NY 10004
William W Chen	director	STERLING ULTIMATE PARENT CORP., 1 STATE STREET PLAZA, 24TH FLOOR, NEW YORK NY 10004
Mohit Kapoor	director	6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Ross M Cummings	10 percent owner	STERLING ULTIMATE PARENT CORP., 1 STATE STREET PLAZA, 24TH FLOOR, NEW YORK NY 10004
Broad Street Control Advisors, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Peter Walker	officer: See Remarks	STERLING CHECKCORP INC., 6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Lou Paglia	officer: See Remarks	STERLING CHECKCORP INC, 6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131