RanLOS AB (OSTO:RLOS B) ROCE % : -100.10% (As of Jun. 2023)

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What is RanLOS 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. RanLOS AB's annualized ROCE % for the quarter that ended in Jun. 2023 was -100.10%.

RanLOS AB ROCE % Historical Data

The historical data trend for RanLOS 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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RanLOS AB ROCE % Chart

RanLOS AB Annual Data

Trend

Dec21

Dec22

ROCE %

-31.14

-61.76

RanLOS AB Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
ROCE %	-	-55.23	-75.11	-100.10

RanLOS AB ROCE % Calculation

RanLOS AB's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-4.52	/	( ( (11.813 - 1.981)	+	(8.337 - 3.531) )	/ 2 )
	=	-4.52	/	( (9.832	+	4.806)	/ 2 )
	=	-4.52	/	7.319
	=	-61.76 %

RanLOS AB'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 )
	=	-8.754	/	( ( (8.337 - 3.531)	+	(14.493 - 1.808) )	/ 2 )
	=	-8.754	/	( ( 4.806	+	12.685 )	/ 2 )
	=	-8.754	/	8.7455
	=	-100.10 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

RanLOS AB (OSTO:RLOS B) 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.

RanLOS AB ROCE % Related Terms

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RanLOS AB (OSTO:RLOS B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RanLOS AB (OSTO:RLOS B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flojelbergsgatan 20 C, Molndal, SWE, 431 37

Website

https://www.ranlos.com

RanLOS AB develops measurement technologies for testing and verifying antennas and systems used in connected vehicles and other wireless devices.

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