KRNLW (Kernel Group Holdings) ROCE %: -8.64% (As of Mar. 2024)

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KRNLW Kernel Group Holdings Inc KRNLW
22 GF Score
Price $0.03
! 4 Warning Signs
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What is Kernel Group Holdings ROCE %?

Kernel Group Holdings KRNLW 22 ROCE % is -8.64% as of Mar. 2024. GuruFocus rates KRNLW with a GF Score™ of 22/100. The stock has 4 warning signs investors should review.

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. Kernel Group Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -8.64%.

Kernel Group Holdings  (NAS:KRNLW) 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.

Kernel Group Holdings ROCE % Related Terms

Kernel Group Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Kernel Group Holdings'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.

Kernel Group Holdings ROCE % Chart

Kernel Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
0.00 -2.45 5.14 -3.34

Kernel Group Holdings Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.66 -27.92 3.96 6.73 -8.64
KRNLW
22GF Score
Kernel Group Holdings Inc KRNLW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kernel Group Holdings ROCE % Calculation

Kernel Group Holdings'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 )
=-6.121/( ( (309.37 - 2.968) + (67.848 - 7.85) )/ 2 )
=-6.121/( (306.402+59.998)/ 2 )
=-6.121/183.2
=-3.34 %

Kernel Group Holdings'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 )
=-2.468/( ( (67.848 - 7.85) + (5.656 - 8.498) )/ 2 )
=-2.468/( ( 59.998 + -2.842 )/ 2 )
=-2.468/28.578
=-8.64 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -8.64% mean?
Kernel Group Holdings (KRNLW) has a ROCE % of -8.64% as of Mar. 2024.
Is Kernel Group Holdings' ROCE % too high?
Kernel Group Holdings' current ROCE % is -8.64%. Overall, Kernel Group Holdings has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Kernel Group Holdings' ROCE % compare to NSTD and ROSS?
Kernel Group Holdings' ROCE % of -8.64% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Kernel Group Holdings's current ROCE % is -8.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kernel Group Holdings stock overvalued right now?
Kernel Group Holdings (KRNLW) has a current ROCE % of -8.64%. The current ROCE % is -8.64%. Kernel Group Holdings' overall GF Score™ is 22/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Kernel Group Holdings (KRNLW), the current ROCE % is -8.64% as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kernel Group Holdings Business Description

Address 515 Madison Avenue, 8th Floor, Suite 8078, New York, NY, USA, 94112
Kernel Group Holdings Inc is a blank check company.
22GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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