Fluence (ASX:FLC) ROCE % : -111.65% (As of Dec. 2023)

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What is Fluence 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. Fluence's annualized ROCE % for the quarter that ended in Dec. 2023 was -111.65%.

Fluence ROCE % Historical Data

The historical data trend for Fluence'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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Fluence ROCE % Chart

Fluence Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-47.30

-9.27

-9.97

-26.24

-38.50

Fluence Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															1.54	-17.11	-37.06	-75.30	-111.65

Fluence ROCE % Calculation

Fluence'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 )
	=	-15.46	/	( ( (183.205 - 126.161)	+	(139.133 - 115.864) )	/ 2 )
	=	-15.46	/	( (57.044	+	23.269)	/ 2 )
	=	-15.46	/	40.1565
	=	-38.50 %

Fluence'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-10.84	/	( ( (137.677 - 141.529)	+	(139.133 - 115.864) )	/ 2 )
	=	-10.84	/	( ( -3.852	+	23.269 )	/ 2 )
	=	-10.84	/	9.7085
	=	-111.65 %

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

Fluence (ASX:FLC) 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.

Fluence ROCE % Related Terms

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Fluence (ASX:FLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fluence Corp Ltd (ASX:FLC) » Definitions » ROCE %

Comparable Companies

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EMFGF:USA 4SVE:Germany

Address

10 Bank Street, 8th Floor, White Plains, NY, USA, 10606

Website

https://www.fluencecorp.com

Fluence Corp Ltd is a water treatment solution provider. It is engaged in offering fast-to-deploy, decentralized, and packaged water and wastewater treatment solutions. The company operates in two reportable segments: Operating units, and Products and innovation groups. It derives a majority of its revenue from the Operating units segment. the company's product portfolio includes Aeration equipment, which includes Tornado, Hurricane, Breeze, LumenAER, and AuraAER brands; and other wastewater treatment products.