Emmerson (Emmerson) ROCE % : -11.38% (As of Dec. 2023)

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What is Emmerson 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. Emmerson's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.38%.

Emmerson ROCE % Historical Data

The historical data trend for Emmerson'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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Emmerson ROCE % Chart

Emmerson Annual Data

Trend

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.20

-16.79

-15.82

-13.30

-12.26

Emmerson Semi-Annual Data
	Sep17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial								-15.80	-12.60	-15.56	-13.06	-11.38

Emmerson ROCE % Calculation

Emmerson'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 )
	=	-2.981	/	( ( (26.501 - 1.032)	+	(23.505 - 0.346) )	/ 2 )
	=	-2.981	/	( (25.469	+	23.159)	/ 2 )
	=	-2.981	/	24.314
	=	-12.26 %

Emmerson'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 )
	=	-2.706	/	( ( (24.76 - 0.351)	+	(23.505 - 0.346) )	/ 2 )
	=	-2.706	/	( ( 24.409	+	23.159 )	/ 2 )
	=	-2.706	/	23.784
	=	-11.38 %

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

Emmerson (OTCPK:EMSNF) 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.

Emmerson ROCE % Related Terms

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Emmerson (Emmerson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Emmerson PLC (OTCPK:EMSNF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EML:UK 4UM:Germany

Address

25 Bedford Square, London, GBR, WC1B 3HH

Website

https://www.emmersonplc.com

Emmerson PLC is a potash development company. The principal activity of the group is the exploration, development, and exploitation of a potash development project in Morocco.