CGBS (Crown LNG Holdings) ROCE % : -14.90% (As of Jun. 2024)

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What is Crown LNG Holdings 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. Crown LNG Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -14.90%.

Crown LNG Holdings ROCE % Historical Data

The historical data trend for Crown LNG Holdings'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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Crown LNG Holdings ROCE % Chart

Crown LNG Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-14.25

-80.90

-2.93

Crown LNG Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			-68.41	-104.45	16.77	-9.40	-14.90

Crown LNG Holdings ROCE % Calculation

Crown LNG Holdings'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 )
	=	-3.716	/	( ( (31.296 - 6.309)	+	(247.094 - 18.479) )	/ 2 )
	=	-3.716	/	( (24.987	+	228.615)	/ 2 )
	=	-3.716	/	126.801
	=	-2.93 %

Crown LNG Holdings's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-32.948	/	( ( (247.094 - 18.479)	+	(236.919 - 23.156) )	/ 2 )
	=	-32.948	/	( ( 228.615	+	213.763 )	/ 2 )
	=	-32.948	/	221.189
	=	-14.90 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Crown LNG Holdings (NAS:CGBS) 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.

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Crown LNG Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Crown LNG Holdings Ltd (NAS:CGBS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG

Website

https://www.crownlng.com

Crown LNG Holdings Ltd is an LNG infrastructure company that seeks to provide natural gas liquefaction, storage, and re-gasification services. It focuses on enabling a stable and reliable supply of LNG to customers, especially in geographic areas where onshore or floating facilities may be difficult or less desirable as a result of harsh weather conditions, safety or environmental concerns, or cost. It specializes in the design and operation of offshore, all-weather LNG liquefication and re-gasification terminals, such as gravity-based structures. Through Its technologies and design, It believes it can deliver tailored LNG infrastructure suitable for energy-isolated locations, as well as provide critical LNG infrastructure to under-served markets around the world.