OXO Technologies Holding Nyrt (BUD:OXOTECH) ROCE % : -0.71% (As of Dec. 2023)

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What is OXO Technologies Holding Nyrt 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. OXO Technologies Holding Nyrt's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.71%.

OXO Technologies Holding Nyrt ROCE % Historical Data

The historical data trend for OXO Technologies Holding Nyrt'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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OXO Technologies Holding Nyrt ROCE % Chart

OXO Technologies Holding Nyrt Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-0.02

5.99

6.59

OXO Technologies Holding Nyrt Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-0.02	0.03	22.07	13.97	-0.71

OXO Technologies Holding Nyrt ROCE % Calculation

OXO Technologies Holding Nyrt'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 )
	=	0.964	/	( ( (14.168 - 0.079)	+	(16.182 - 1.021) )	/ 2 )
	=	0.964	/	( (14.089	+	15.161)	/ 2 )
	=	0.964	/	14.625
	=	6.59 %

OXO Technologies Holding Nyrt'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 )
	=	-0.108	/	( ( (16.082 - 1.016)	+	(16.182 - 1.021) )	/ 2 )
	=	-0.108	/	( ( 15.066	+	15.161 )	/ 2 )
	=	-0.108	/	15.1135
	=	-0.71 %

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

OXO Technologies Holding Nyrt (BUD:OXOTECH) 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.

OXO Technologies Holding Nyrt ROCE % Related Terms

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OXO Technologies Holding Nyrt (BUD:OXOTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » OXO Technologies Holding Nyrt (BUD:OXOTECH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ganz utca 12-14., Budapest, HUN, HU-1027

Website

https://www.oxoholdings.eu

OXO Technologies Holding Nyrt is an investment firm in the tech sector in the CEE region. Its investment policy targets the funding, partial or full buyout of early, growth, and scale-up stage tech ventures, accelerating their growth and market expansion and preparing them for subsequent funding rounds or exits.

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