Inin Group AS (FRA:72G) ROCE % : 9.94% (As of Sep. 2024)

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What is Inin Group 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. Inin Group AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.94%.

Inin Group AS ROCE % Historical Data

The historical data trend for Inin Group 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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Inin Group AS ROCE % Chart

Inin Group AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-120.39

-38.55

-25.11

-14.52

-19.32

Inin Group AS Quarterly Data
	Dec17	Dec18	Dec19	Apr20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial									-	12.30	-68.02	-	9.94

Inin Group AS ROCE % Calculation

Inin Group 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 )
	=	-5.845	/	( ( (34.605 - 6.427)	+	(67.722 - 35.392) )	/ 2 )
	=	-5.845	/	( (28.178	+	32.33)	/ 2 )
	=	-5.845	/	30.254
	=	-19.32 %

Inin Group AS's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	5.212	/	( ( (94.428 - 45.794)	+	(100.546 - 44.318) )	/ 2 )
	=	5.212	/	( ( 48.634	+	56.228 )	/ 2 )
	=	5.212	/	52.431
	=	9.94 %

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

Inin Group AS (FRA:72G) 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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Inin Group AS Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ININ:Norway 72G:Germany

Address

Henrik Ibsens gt 100, Oslo, NOR, 0255

Website

https://www.inin.no

Inin Group AS is a Norwegian industrial owner that follows a vertical-focused buy-and-build strategy to identify and invest in niches with potential for development and growth. It specializes in the infrastructure services sectors such as Rail, Power supply, and Electrification and works closely with companies to drive sustainable growth.

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