Aquaporin AS (FRA:00B) ROCE % : -31.17% (As of Jun. 2024)

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What is Aquaporin AS 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. Aquaporin AS's annualized ROCE % for the quarter that ended in Jun. 2024 was -31.17%.

Aquaporin AS ROCE % Historical Data

The historical data trend for Aquaporin AS'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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Aquaporin AS ROCE % Chart

Aquaporin AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-33.08

-38.35

-54.42

-40.26

-40.00

Aquaporin AS Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial					-35.36	-48.08	-36.40	-42.52	-31.17

Aquaporin AS ROCE % Calculation

Aquaporin AS'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 )
	=	-12.593	/	( ( (36.366 - 3.277)	+	(35.227 - 5.345) )	/ 2 )
	=	-12.593	/	( (33.089	+	29.882)	/ 2 )
	=	-12.593	/	31.4855
	=	-40.00 %

Aquaporin AS'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 )
	=	-11.582	/	( ( (35.227 - 5.345)	+	(48.233 - 3.795) )	/ 2 )
	=	-11.582	/	( ( 29.882	+	44.438 )	/ 2 )
	=	-11.582	/	37.16
	=	-31.17 %

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

Aquaporin AS (FRA:00B) 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.

Aquaporin AS ROCE % Related Terms

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Aquaporin AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Aquaporin AS (FRA:00B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AQP:Denmark

Address

Nymollevej 78, Kongens Lyngby, DNK, DK-2800

Website

https://www.aquaporin.com

Aquaporin AS is a water technology company dedicated to rethinking water filtration with biotechnology. Its products include Clear Eco, Clear Ultra, Clear Plus, Clear Plus FR, and Clear Classic. The company operates geographically in four markets; EMEA, APAC, and Americas, out of which it derives a majority of its revenue from the APAC market.

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