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SeaChange International (STU:SI2A) ROCE % : -8.29% (As of Apr. 2023)


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What is SeaChange International 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. SeaChange International's annualized ROCE % for the quarter that ended in Apr. 2023 was -8.29%.


SeaChange International ROCE % Historical Data

The historical data trend for SeaChange International'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.

SeaChange International ROCE % Chart

SeaChange International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.02 0.11 -40.28 -18.10 -1.93

SeaChange International Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.97 -2.66 -0.35 16.17 -8.29

SeaChange International ROCE % Calculation

SeaChange International's annualized ROCE % for the fiscal year that ended in Jan. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2023 )  (A: Jan. 2022 )(A: Jan. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2023 )  (A: Jan. 2022 )(A: Jan. 2023 )
=-0.664/( ( (48.793 - 9.834) + (39.588 - 9.768) )/ 2 )
=-0.664/( (38.959+29.82)/ 2 )
=-0.664/34.3895
=-1.93 %

SeaChange International's ROCE % of for the quarter that ended in Apr. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2023 )  (Q: Jan. 2023 )(Q: Apr. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2023 )  (Q: Jan. 2023 )(Q: Apr. 2023 )
=-2.424/( ( (39.588 - 9.768) + (37.126 - 8.473) )/ 2 )
=-2.424/( ( 29.82 + 28.653 )/ 2 )
=-2.424/29.2365
=-8.29 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2023) EBIT data.

* 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.


SeaChange International  (STU:SI2A) 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.


SeaChange International ROCE % Related Terms

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SeaChange International (STU:SI2A) Business Description

Traded in Other Exchanges
Address
177 Huntington Avenue, Suite 1703, PMB 73480, Boston, MA, USA, 02115
SeaChange International Inc is a provider of multiscreen video solutions for television service providers, telecommunications companies, satellite operators, and media companies. The business has two product areas: multiscreen video back-office and advertising and video gateway software solutions. The firm's solutions facilitate aggregation, licensing, management, and distribution of video and advertising content for its customers. The company derives revenue from sales of hardware, software, systems, and services in multiple-element arrangements. Roughly half of the firm's revenue is generated in the United States, with the rest in Europe, Middle East, Latin America, and Asia-Pacific regions.

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