Sonos (SONO) ROCE % : 53.86% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Sonos 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. Sonos's annualized ROCE % for the quarter that ended in Dec. 2023 was 53.86%.

Sonos ROCE % Historical Data

The historical data trend for Sonos'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.

Sonos ROCE % Chart

Sonos Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

0.44

-4.75

29.02

10.53

0.79

Sonos Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															64.75	-31.68	-9.77	-18.94	53.86

Sonos ROCE % Calculation

Sonos's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	5.127	/	( ( (1188.388 - 535.639)	+	(1002.241 - 354.218) )	/ 2 )
	=	5.127	/	( (652.749	+	648.023)	/ 2 )
	=	5.127	/	650.386
	=	0.79 %

Sonos'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	372.176	/	( ( (1002.241 - 354.218)	+	(1109.99 - 376.001) )	/ 2 )
	=	372.176	/	( ( 648.023	+	733.989 )	/ 2 )
	=	372.176	/	691.006
	=	53.86 %

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

Sonos (NAS:SONO) 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.

Sonos ROCE % Related Terms

Thank you for viewing the detailed overview of Sonos's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sonos (SONO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sonos Inc (NAS:SONO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

8SO:Germany SONO:Austria

Address

614 Chapala Street, Santa Barbara, CA, USA, 93101

Website

https://www.sonos.com

Sonos Inc is engaged in providing home sound systems. The company's product profile includes speaker sets and other accessories like boost, mounts, stands, and cables and networking. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. Generating a majority of its revenue from the Americas.

Executives

Joanna Coles	director	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Maxime Bouvat-merlin	officer: Chief Product Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Edward P Lazarus	officer: CFO & CLO	C/O TRIBUNE COMPANY, 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Shamayne Braman	officer: Chief People Officer	C/O SONOS, INC., 614 CHAPALA ST., SANTA BARBARA CA 93101
Nicholas Millington	officer: Chief Innovation Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Patrick Spence	director, officer: Chief Executive Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Thomas Conrad	director	2101 WEBSTER STREET, SUITE 1650, OAKLAND CA 94612
Christopher Scott Mason	officer: Principal Accounting Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Matthew O. Siegel	officer: Chief Commercial Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Brittany Bagley	director	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Anna Fraser	officer: Chief People Officer	C/O SONOS INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Michelangelo Volpi	director	C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Julius Genachowski	director	C/O INTERACTIVECORP, 152 WEST 57TH STREET, NEW YORK NY 10019
Panos Panay	director	614 CHAPALA STREET, SANTA BARBARA CA 93101
John Maeda	director	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101