Deezer (XPAR:DEEZR) ROCE % : 0.00% (As of Dec. 2023)

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What is Deezer 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. Deezer's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Deezer ROCE % Historical Data

The historical data trend for Deezer'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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Deezer ROCE % Chart

Deezer Annual Data

Trend

Dec12

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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Deezer Semi-Annual Data
	Dec12	Dec13	Jun14	Dec14	Jun15	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							-	-	-	-	-

Deezer ROCE % Calculation

Deezer'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 )
	=	-57.779	/	( ( (234.055 - 372.856)	+	(194.996 - 391.448) )	/ 2 )
	=	-57.779	/	( (-138.801	+	-196.452)	/ 2 )
	=	-57.779	/	-167.6265
	=	34.47 %

Deezer'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 )
	=	-40.006	/	( ( (234.262 - 402.256)	+	(194.996 - 391.448) )	/ 2 )
	=	-40.006	/	( ( -167.994	+	-196.452 )	/ 2 )
	=	-40.006	/	-182.223
	=	0 %

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

Deezer (XPAR:DEEZR) 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.

Deezer ROCE % Related Terms

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Deezer (XPAR:DEEZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Deezer SA (XPAR:DEEZR) » Definitions » ROCE %

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L0A:Germany

Address

24 rue de Calais, Paris, FRA, 75009

Website

https://www.deezer.com

Deezer SA is an independent music streaming platform providing access to lossless HiFi audio, innovative recommendation technology and industry-defining features. The company brings artists and fans together on a scalable and global platform, to unlock the potential of music through technology. The company is based in France, Germany, the UK, Brazil and the US.

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