Active Energy Group (Active Energy Group) ROCE %

: -35.36% (As of Jun. 2023)

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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. Active Energy Group's annualized ROCE % for the quarter that ended in Jun. 2023 was -35.36%.

Active Energy Group ROCE % Historical Data

The historical data trend for Active Energy Group'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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Active Energy Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

-26.15

-10.22

-32.78

-24.17

-3.06

Active Energy Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %																-15.59	-29.23	18.78	-27.69	-35.36

Active Energy Group ROCE % Calculation

Active Energy Group'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 )
	=	-0.558	/	( ( (21.691 - 1.236)	+	(17.181 - 1.214) )	/ 2 )
	=	-0.558	/	( (20.455	+	15.967)	/ 2 )
	=	-0.558	/	18.211
	=	-3.06 %

Active Energy Group'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 )
	=	-5.388	/	( ( (17.181 - 1.214)	+	(15.837 - 1.333) )	/ 2 )
	=	-5.388	/	( ( 15.967	+	14.504 )	/ 2 )
	=	-5.388	/	15.2355
	=	-35.36 %

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

Active Energy Group (OTCPK:ATGVF) 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.

Active Energy Group ROCE % Related Terms

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Active Energy Group (Active Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Active Energy Group PLC (OTCPK:ATGVF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AEG:UK BZH:Germany

Address

27- 28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.aegplc.com

Active Energy Group PLC is engaged in renewable energy, engineering soils, and forestry management business. Its activities are the development and commercialization of low-cost biomass into renewable energy pellet products as well as the development of timber resources to work with each biomass energy project. Its operating segment includes Wood processing, CoalSwitch, and Corporate & others. It generates maximum revenue from the CoalSwitch/PeatSwitch segment. Geographically, it derives its revenue from the USA and has a presence in Switzerland.

Active Energy Group (Active Energy Group) Headlines

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