Mammoth Energy Services (FRA:5M8) ROCE % : -1.48% (As of Mar. 2024)

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What is Mammoth Energy Services 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. Mammoth Energy Services's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.48%.

Mammoth Energy Services ROCE % Historical Data

The historical data trend for Mammoth Energy Services'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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Mammoth Energy Services ROCE % Chart

Mammoth Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-10.50

-14.33

-19.37

4.79

4.98

Mammoth Energy Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															12.14	0.80	4.04	3.07	-1.48

Mammoth Energy Services ROCE % Calculation

Mammoth Energy Services'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 )
	=	23.228	/	( ( (684.096 - 223.928)	+	(640.505 - 167.401) )	/ 2 )
	=	23.228	/	( (460.168	+	473.104)	/ 2 )
	=	23.228	/	466.636
	=	4.98 %

Mammoth Energy Services's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-6.952	/	( ( (640.505 - 167.401)	+	(577.824 - 113.452) )	/ 2 )
	=	-6.952	/	( ( 473.104	+	464.372 )	/ 2 )
	=	-6.952	/	468.738
	=	-1.48 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Mammoth Energy Services (FRA:5M8) 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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Mammoth Energy Services (FRA:5M8) Business Description

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TUSK:USA

Address

14201 Caliber Drive, Suite 300, Oklahoma City, OK, USA, 73134

Website

https://www.mammothenergy.com

Mammoth Energy Services Inc is an integrated, growth-oriented energy services company engaged in providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserves as well as the construction and repair of the electric grid for private utilities, public investor-owned utilities, and co-operative utilities through infrastructure services businesses. Its suite of services includes well-completion services, infrastructure services, natural sand proppant services, drilling services, and other services. The majority of revenues are earned from the well-completion services and geographically from the United States followed by Canada and other countries.

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