Awilco Drilling (Awilco Drilling) ROCE % : 0.00% (As of Jun. 2023)

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What is Awilco Drilling 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. Awilco Drilling's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

Awilco Drilling ROCE % Historical Data

The historical data trend for Awilco Drilling'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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Awilco Drilling ROCE % Chart

Awilco Drilling Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-5.76

-11.73

-99.74

-128.87

Awilco Drilling Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-516.16	-336.75	-1,141.60	-	-

Awilco Drilling ROCE % Calculation

Awilco Drilling'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 )
	=	-130.399	/	( ( (26.226 - 14.901)	+	(11.515 - 138.324) )	/ 2 )
	=	-130.399	/	( (11.325	+	-126.809)	/ 2 )
	=	-130.399	/	-57.742
	=	225.83 %

Awilco Drilling'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 )
	=	0	/	( ( (11.515 - 138.324)	+	(2.787 - 136.801) )	/ 2 )
	=	0	/	( ( -126.809	+	-134.014 )	/ 2 )
	=	0	/	-130.4115
	=	0 %

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

Awilco Drilling (OTCPK:AWLCF) 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.

Awilco Drilling ROCE % Related Terms

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Awilco Drilling (Awilco Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Awilco Drilling PLC (OTCPK:AWLCF) » Definitions » ROCE %

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AWDR:Norway 0AI1:Germany

Address

2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, GBR, AB32 6FL

Website

https://www.awilcodrilling.com

Awilco Drilling PLC is engaged in operating the drilling rigs. Its business is to own offshore drilling rigs for use in offshore drilling operations and to provide drilling services for oil and gas companies using these rigs. Its segment provides drilling services in the United Kingdom. The company owns and operates approximately two semi-submersible drilling rigs: the WilPhoenix and WilHunter, both standardized rigs used in the drilling of oil and gas wells in the United Kingdom sector of the North Sea.