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SolarWinds (SolarWinds) ROCE % : 7.43% (As of Mar. 2024)


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What is SolarWinds 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. SolarWinds's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.43%.


SolarWinds ROCE % Historical Data

The historical data trend for SolarWinds'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.

SolarWinds ROCE % Chart

SolarWinds Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 1.64 1.03 -0.68 2.01 5.44

SolarWinds Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.30 4.74 5.62 6.28 7.43

SolarWinds ROCE % Calculation

SolarWinds'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 )
=150.373/( ( (3200.006 - 456.633) + (3250.915 - 468.808) )/ 2 )
=150.373/( (2743.373+2782.107)/ 2 )
=150.373/2762.74
=5.44 %

SolarWinds'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 )
=200.404/( ( (3250.915 - 468.808) + (3238.664 - 625.76) )/ 2 )
=200.404/( ( 2782.107 + 2612.904 )/ 2 )
=200.404/2697.5055
=7.43 %

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


SolarWinds  (NYSE:SWI) 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.


SolarWinds ROCE % Related Terms

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SolarWinds (SolarWinds) Business Description

Traded in Other Exchanges
Address
7171 Southwest Parkway, Building 400, Austin, TX, USA, 78735
SolarWinds Corp is a provider of information technology (IT), and management software. Company offers full-stack observability solutions. The company's business is focused on building products that enable technology professionals and leaders to securely monitor and manage the performance of their IT environments, whether on-premises, in the cloud or in hybrid deployments. The products offered are designed to monitor and manage networks, systems, databases and applications across on-premises, multi-cloud and hybrid IT environments without the need for customization or professional services. Majority of company's revenue is earned in United States.
Executives
Easwaran Sundaram director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Jason Bliss officer: EVP General Counsel 7171 SOUTHWEST PKWY STE 400, AUSTIN TX 78735-6140
Rohini Kasturi officer: EVP, Chief Product Officer 7171 SOUTHWEST PARKWAY, BUILDING 400, AUSTIN TX 78735
Andrea Webb officer: EVP, Chief Customer Officer 7171 SOUTHWEST PARKWAY, BUILDING 400, AUSTIN TX 78735
Sudhakar Ramakrishna director, officer: CEO & President 4750 WILLOW RD., PLEASANTON CA 94588
Cathleen A Benko director ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Douglas P Smith director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
David Gardiner officer: Executive VP, Core IT 7171 SOUTHWEST PKWY STE 400, AUSTIN TX 78735-6140
James Barton Kalsu officer: EVP CFO & Treasurer 7171 SOUTHWEST PARKWAY, BUILDING 400, AUSTIN TX 78735
Hermes Usa Investors Venture Ii, Lp other: See Remarks C/O CORPORATION SERVICES COMPANY, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808-1674
Neuberger Berman Insurance Fund Series Interests Of The Sali Multi-series Fund, L.p. 10 percent owner 325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Harbourvest Global Annual Private Equity Fund L.p. other: See Remarks HARBOURVEST PARTNERS, LLC, ONE FINANCIAL CENTER, 44TH FLOOR, BOSTON MA 02111
Alpinvest Partners B.v. 10 percent owner JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Nb Alternatives Advisers Llc 10 percent owner 325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Howard Hughes Medical Institute other: HHMI is a member of 10% group 4000 JONES BRIDGE ROAD, CHEVY CHASE MD 20815-6789