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Gelion (Gelion) ROCE % : -58.76% (As of Dec. 2023)


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What is Gelion 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. Gelion's annualized ROCE % for the quarter that ended in Dec. 2023 was -58.76%.


Gelion ROCE % Historical Data

The historical data trend for Gelion'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.

Gelion ROCE % Chart

Gelion Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial -60.76 -42.01 -42.09 -76.19 -46.42

Gelion Semi-Annual Data
Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only -110.24 -20.33 -56.20 -36.28 -58.76

Gelion ROCE % Calculation

Gelion's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=-9.348/( ( (25.377 - 1.052) + (17.283 - 1.335) )/ 2 )
=-9.348/( (24.325+15.948)/ 2 )
=-9.348/20.1365
=-46.42 %

Gelion's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-10.412/( ( (17.283 - 1.335) + (20.872 - 1.38) )/ 2 )
=-10.412/( ( 15.948 + 19.492 )/ 2 )
=-10.412/17.72
=-58.76 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

* 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.


Gelion  (GREY:GELNF) 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.


Gelion ROCE % Related Terms

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Gelion (Gelion) Business Description

Traded in Other Exchanges
Address
C/O Armstrong, Level 4 LDN:W, 3 Noble Street, London, GBR, EC2V 7EE
Gelion PLC is a UK-Australian energy-storage innovator. It provides commercial energy storage solutions that contribute to human wellbeing, power the world, and protect the planet. The company has also established a division focused on improving the performance of lithium-ion and lithium-sulfur batteries.

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