Godsinlosen Nordic AB (OSTO:GIAB) ROCE % : 0.00% (As of Mar. 2024)

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What is Godsinlosen Nordic AB 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. Godsinlosen Nordic AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Godsinlosen Nordic AB ROCE % Historical Data

The historical data trend for Godsinlosen Nordic AB'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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Godsinlosen Nordic AB ROCE % Chart

Godsinlosen Nordic AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

7.18

-88.94

-129.01

-112.34

-164.98

Godsinlosen Nordic AB Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial												-221.17	-225.24	-194.28	1.49	-

Godsinlosen Nordic AB ROCE % Calculation

Godsinlosen Nordic AB'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 )
	=	-15.903	/	( ( (57.982 - 41.298)	+	(46.594 - 43.999) )	/ 2 )
	=	-15.903	/	( (16.684	+	2.595)	/ 2 )
	=	-15.903	/	9.6395
	=	-164.98 %

Godsinlosen Nordic AB'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 )
	=	-22.668	/	( ( (46.594 - 43.999)	+	(44.407 - 48.536) )	/ 2 )
	=	-22.668	/	( ( 2.595	+	-4.129 )	/ 2 )
	=	-22.668	/	-0.767
	=	0 %

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

Godsinlosen Nordic AB (OSTO:GIAB) 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.

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Godsinlosen Nordic AB (OSTO:GIAB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Handelsvagen 18, Staffanstorp, SWE, 245 22

Website

https://www.giabnordic.se

Godsinlosen Nordic AB is an innovative growth company whose business concept is to optimize product flows according to circular economic principles. The company delivers a complete solution for handling returns and complaints to e-retailers, producers and distributors in a cost-effective and sustainable way, and offers a complete circular claims settlement process to the insurance industry.

Godsinlosen Nordic AB (OSTO:GIAB) Headlines

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