SSH Communications Security Oyj (OHEL:SSH1V) ROCE % : -13.78% (As of Jun. 2023)

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What is SSH Communications Security Oyj 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. SSH Communications Security Oyj's annualized ROCE % for the quarter that ended in Jun. 2023 was -13.78%.

SSH Communications Security Oyj ROCE % Historical Data

The historical data trend for SSH Communications Security Oyj'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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SSH Communications Security Oyj ROCE % Chart

SSH Communications Security Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-8.07

-23.52

-10.76

-2.53

-11.17

SSH Communications Security Oyj Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															12.01	-1.88	8.23	-13.78	-

SSH Communications Security Oyj ROCE % Calculation

SSH Communications Security Oyj'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 )
	=	-1.886	/	( ( (38.141 - 18.707)	+	(31.353 - 17.014) )	/ 2 )
	=	-1.886	/	( (19.434	+	14.339)	/ 2 )
	=	-1.886	/	16.8865
	=	-11.17 %

SSH Communications Security Oyj's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-2.4	/	( ( (38.141 - 18.707)	+	(30.4 - 15) )	/ 2 )
	=	-2.4	/	( ( 19.434	+	15.4 )	/ 2 )
	=	-2.4	/	17.417
	=	-13.78 %

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

SSH Communications Security Oyj (OHEL:SSH1V) 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.

SSH Communications Security Oyj ROCE % Related Terms

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SSH Communications Security Oyj (OHEL:SSH1V) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » SSH Communications Security Oyj (OHEL:SSH1V) » Definitions » ROCE %

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Traded in Other Exchanges

XXH:Germany

Address

Karvaamokuja 2B, Helsinki, FIN, 00380

Website

http://www.ssh.com

SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company provides software, professional services, and recurring services. Its recurring service generates maximum revenue for the company. The company products consist of the crypto auditor, tectia ssh, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and others. Its EMEA region generates maximum revenue for the company.

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