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Clearwater Analytics Holdings (Clearwater Analytics Holdings) ROCE %

: 2.18% (As of Dec. 2023)
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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. Clearwater Analytics Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.18%.


Clearwater Analytics Holdings ROCE % Historical Data

The historical data trend for Clearwater Analytics Holdings'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.

Clearwater Analytics Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
59.00 -33.82 14.58 1.40 -3.75

Clearwater Analytics Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % 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 3.87 -5.97 -6.44 -5.09 2.18

Clearwater Analytics Holdings ROCE % Calculation

Clearwater Analytics Holdings'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 )
=-16.745/( ( (481.942 - 66.012) + (558.743 - 80.792) )/ 2 )
=-16.745/( (415.93+477.951)/ 2 )
=-16.745/446.9405
=-3.75 %

Clearwater Analytics Holdings'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 )
=10.36/( ( (535.507 - 63.139) + (558.743 - 80.792) )/ 2 )
=10.36/( ( 472.368 + 477.951 )/ 2 )
=10.36/475.1595
=2.18 %

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


Clearwater Analytics Holdings  (NYSE:CWAN) 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.


Clearwater Analytics Holdings ROCE % Related Terms

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Clearwater Analytics Holdings (Clearwater Analytics Holdings) Business Description

Traded in Other Exchanges
N/A
Address
777 W. Main Street, Suite 900, Boise, ID, USA, 83702
Clearwater Analytics Holdings Inc provides a SaaS solution for automated investment data aggregation, reconciliation, accounting and reporting services to insurers, investment managers, corporations, institutional investors and government entities. The majority of the revenue is earned in the United States.
Executives
Sandeep Sahai director, officer: Chief Executive Officer C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
James S Cox officer: Chief Financial Officer 600 TOWNSEND, SAN FRANCISCO CA 94103
Souvik Das officer: Chief Technology Officer C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Wcas Xii Carbon Analytics Acquisition, L.p. 10 percent owner C/O WELSH, CARSON, ANDERSON & STOWE, 599 LEXINGTON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Warburg Pincus Llc director, 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Galibier Purchaser, Llc director, 10 percent owner C/O PERMIRA ADVISERS LLC, 320 PARK AVENUE, 28TH FLOOR, NEW YORK NY 10022
Subi Sethi officer: Chief Client Officer C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Scott Stanley Erickson officer: See Remarks C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Durable Capital Partners Lp 10 percent owner 4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
James Douglas Price officer: Chief Quality Officer C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Gayatri Raman officer: President, Europe and Asia C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Joseph Morris Kochansky officer: See Remarks C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
D Scott Mackesy director 320 PARK AVENUE STE 2500, NEW YORK NY 10022
Cynthia Ann Blendu officer: See Remarks C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Alphonse Valbrune officer: Chief Legal Officer C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702