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Bergen Carbon Solutions AS (OSL:BCS) ROCE % : -10.83% (As of Dec. 2023)


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What is Bergen Carbon Solutions AS 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. Bergen Carbon Solutions AS's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.83%.


Bergen Carbon Solutions AS ROCE % Historical Data

The historical data trend for Bergen Carbon Solutions AS'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.

* Premium members only.

Bergen Carbon Solutions AS ROCE % Chart

Bergen Carbon Solutions AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial -38.15 -16.29 -32.56 -22.88 -21.81

Bergen Carbon Solutions AS Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.10 -23.49 -24.42 -28.99 -10.83

Bergen Carbon Solutions AS ROCE % Calculation

Bergen Carbon Solutions AS'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 )
=-63.94/( ( (336.67 - 11.307) + (274.476 - 13.488) )/ 2 )
=-63.94/( (325.363+260.988)/ 2 )
=-63.94/293.1755
=-21.81 %

Bergen Carbon Solutions AS'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 )
=-28.592/( ( (279.339 - 12.536) + (274.476 - 13.488) )/ 2 )
=-28.592/( ( 266.803 + 260.988 )/ 2 )
=-28.592/263.8955
=-10.83 %

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

* 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.


Bergen Carbon Solutions AS  (OSL:BCS) 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.


Bergen Carbon Solutions AS ROCE % Related Terms

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Bergen Carbon Solutions AS (OSL:BCS) Business Description

Traded in Other Exchanges
Address
Fleslandvegen 70E, Blomsterdalen, Bergen, NOR, 5258
Bergen Carbon Solutions AS is engaged in the production and delivery of carbon nanofiber. The company produces carbon nanofiber through the application of new breakthrough technology, providing businesses to contribute and solve a global environmental challenge.

Bergen Carbon Solutions AS (OSL:BCS) Headlines