DG-Net (WAR:DGN) ROCE % : 1.31% (As of Dec. 2023)

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What is DG-Net 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. DG-Net's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.31%.

DG-Net ROCE % Historical Data

The historical data trend for DG-Net'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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DG-Net ROCE % Chart

DG-Net Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

2.61

9.44

8.39

27.70

1.65

DG-Net Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial										26.05	-5.27	8.68	-6.30	1.31

DG-Net ROCE % Calculation

DG-Net'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 )
	=	0.067	/	( ( (8.042 - 3.742)	+	(8.861 - 5.045) )	/ 2 )
	=	0.067	/	( (4.3	+	3.816)	/ 2 )
	=	0.067	/	4.058
	=	1.65 %

DG-Net'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 )
	=	0.052	/	( ( (8.808 - 4.707)	+	(8.861 - 5.045) )	/ 2 )
	=	0.052	/	( ( 4.101	+	3.816 )	/ 2 )
	=	0.052	/	3.9585
	=	1.31 %

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

DG-Net (WAR:DGN) 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.

DG-Net ROCE % Related Terms

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DG-Net (WAR:DGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » DG-Net SA (WAR:DGN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aleje Jerozolimskie 96, Warsaw, POL, 00-807

Website

https://www.dgnetsa.pl

DG-Net SA is engaged in the provision of telecommunications services, including primarily fiber-optic Internet access. The company offers technological solutions in the field of connection to the infrastructure, partly based on its fiber-optic network, using the lease of the central network. Its brands include Fibo and DG-Net Biznes.

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