Alto Ingredients (FRA:FPR) ROCE % : -10.52% (As of Mar. 2024)

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

What is Alto Ingredients 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. Alto Ingredients's annualized ROCE % for the quarter that ended in Mar. 2024 was -10.52%.

Alto Ingredients ROCE % Historical Data

The historical data trend for Alto Ingredients'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.

Alto Ingredients ROCE % Chart

Alto Ingredients Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-18.64

0.15

13.15

-9.58

-5.11

Alto Ingredients 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															-11.45	9.06	-1.47	-16.71	-10.52

Alto Ingredients ROCE % Calculation

Alto Ingredients'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 )
	=	-18.783	/	( ( (451.535 - 73.648)	+	(416.539 - 59.869) )	/ 2 )
	=	-18.783	/	( (377.887	+	356.67)	/ 2 )
	=	-18.783	/	367.2785
	=	-5.11 %

Alto Ingredients'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 )
	=	-37.136	/	( ( (416.539 - 59.869)	+	(399.864 - 50.65) )	/ 2 )
	=	-37.136	/	( ( 356.67	+	349.214 )	/ 2 )
	=	-37.136	/	352.942
	=	-10.52 %

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

Alto Ingredients (FRA:FPR) 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.

Alto Ingredients ROCE % Related Terms

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

Alto Ingredients (FRA:FPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alto Ingredients Inc (FRA:FPR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ALTO:USA

Address

1300 South Second Street, Pekin, IL, USA, 61554

Website

https://www.altoingredients.com

Alto Ingredients Inc is a producer of specialty alcohols and essential ingredients. The company serves five markets: Health, Home and Beauty, Food and Beverage, Essential Ingredients, and Renewable Fuels. Its customers include major food and beverage companies and consumer products manufacturers and distributors. The company operates under three segments: Marketing and distribution, Pekin Campus production, and Other production. The Marketing and distribution segment participates in marketing and merchant trading for alcohols and essential ingredients; Pekin Campus produces and sells products produced at the company's Pekin, Illinois, campus, and about half of the firm's revenue flows from this segment. Other production makes and sells from the company's other production facilities.

Alto Ingredients (FRA:FPR) Headlines

No Headlines