LNG Energy Group (FRA:E26) ROCE % : 0.66% (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is LNG Energy Group 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. LNG Energy Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.66%.

LNG Energy Group ROCE % Historical Data

The historical data trend for LNG Energy Group'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.

* Premium members only.

LNG Energy Group ROCE % Chart

LNG Energy Group Annual Data

Trend

May22

May23

ROCE %

-141.65

-21.38

LNG Energy Group Quarterly Data
	May22	Aug22	Dec22	Mar23	Jul23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-74.52	-30.51	-16.93	-3.14	0.66

LNG Energy Group ROCE % Calculation

LNG Energy Group's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	-1.098	/	( ( (6.72 - 1.411)	+	(5.135 - 0.173) )	/ 2 )
	=	-1.098	/	( (5.309	+	4.962)	/ 2 )
	=	-1.098	/	5.1355
	=	-21.38 %

LNG Energy Group'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0.748	/	( ( (196.717 - 76.505)	+	(183.137 - 78.208) )	/ 2 )
	=	0.748	/	( ( 120.212	+	104.929 )	/ 2 )
	=	0.748	/	112.5705
	=	0.66 %

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

LNG Energy Group (FRA:E26) 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.

LNG Energy Group ROCE % Related Terms

Thank you for viewing the detailed overview of LNG Energy Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

LNG Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » LNG Energy Group Corp (FRA:E26) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LNGE:Canada

Address

40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4

Website

https://www.lngenergygroup.com

LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.

LNG Energy Group Headlines

No Headlines