Ciscom (XCNQ:CISC) ROCE % : -8.90% (As of Mar. 2024)

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What is Ciscom 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. Ciscom's annualized ROCE % for the quarter that ended in Mar. 2024 was -8.90%.

Ciscom ROCE % Historical Data

The historical data trend for Ciscom'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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Ciscom ROCE % Chart

Ciscom Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-117.64

-19.83

-11.57

Ciscom Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								-18.60	-15.39	-1.13	-10.40	-8.90

Ciscom ROCE % Calculation

Ciscom'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 )
	=	-1.22	/	( ( (23.804 - 12.08)	+	(21.21 - 11.85) )	/ 2 )
	=	-1.22	/	( (11.724	+	9.36)	/ 2 )
	=	-1.22	/	10.542
	=	-11.57 %

Ciscom's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.804	/	( ( (21.21 - 11.85)	+	(18.274 - 9.57) )	/ 2 )
	=	-0.804	/	( ( 9.36	+	8.704 )	/ 2 )
	=	-0.804	/	9.032
	=	-8.90 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Ciscom (XCNQ:CISC) 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.

Ciscom ROCE % Related Terms

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Ciscom (XCNQ:CISC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ciscom Corp (XCNQ:CISC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CISCF:USA

Address

20 Bay Street, Suite 1110, Toronto, ON, CAN, M5J 2N8

Website

https://www.ciscomcorp.com

Ciscom Corp is a Roll-Up company active in the information and communication technology and focused on technology driven marketing/advertising, documents processing and content management organizations. The Company's principal business is managing, investing in and acquiring operating companies in the Information, Communication and Technology sector and assuming an active role in the management of these companies to mitigate risk and maximize growth.

Executives

Paul Raymond Gaynor

Director

Ciscom (XCNQ:CISC) Headlines

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