Flywire (FRA:9E2) ROCE % : 1.64% (As of Dec. 2023)

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What is Flywire 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. Flywire's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.64%.

Flywire ROCE % Historical Data

The historical data trend for Flywire'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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Flywire ROCE % Chart

Flywire Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-29.38

-12.76

-6.91

-7.33

-0.60

Flywire Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												-1.27	-2.51	-12.28	7.13	1.64

Flywire ROCE % Calculation

Flywire'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 )
	=	-3.65	/	( ( (636.527 - 167.349)	+	(990.113 - 251.067) )	/ 2 )
	=	-3.65	/	( (469.178	+	739.046)	/ 2 )
	=	-3.65	/	604.112
	=	-0.60 %

Flywire'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 )
	=	12.168	/	( ( (920.524 - 180.005)	+	(990.113 - 251.067) )	/ 2 )
	=	12.168	/	( ( 740.519	+	739.046 )	/ 2 )
	=	12.168	/	739.7825
	=	1.64 %

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

Flywire (FRA:9E2) 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.

Flywire ROCE % Related Terms

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Flywire (FRA:9E2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flywire Corp (FRA:9E2) » Definitions » ROCE %

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Traded in Other Exchanges

FLYW:USA

Address

141 Tremont Street, Suite 10, Boston, MA, USA, 02111

Website

https://www.flywire.com

Flywire Corp provides a secure global payments platform, offering its clients an innovative and streamlined process to receive reconciled domestic and international payments in a more cost-effective and efficient manner. The company's solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.

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