KSTOF (Kistos Holdings) ROCE % : -6.25% (As of Jun. 2024)

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What is Kistos Holdings 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. Kistos Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -6.25%.

Kistos Holdings ROCE % Historical Data

The historical data trend for Kistos 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.

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Kistos Holdings ROCE % Chart

Kistos Holdings Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

72.57

-3.03

Kistos Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	70.45	85.00	-0.36	-4.41	-6.25

Kistos Holdings ROCE % Calculation

Kistos 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 )
	=	-17.644	/	( ( (658.113 - 197.479)	+	(902.51 - 197.504) )	/ 2 )
	=	-17.644	/	( (460.634	+	705.006)	/ 2 )
	=	-17.644	/	582.82
	=	-3.03 %

Kistos Holdings's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-44.714	/	( ( (902.51 - 197.504)	+	(856.095 - 131.369) )	/ 2 )
	=	-44.714	/	( ( 705.006	+	724.726 )	/ 2 )
	=	-44.714	/	714.866
	=	-6.25 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Kistos Holdings (OTCPK:KSTOF) 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.

Kistos Holdings ROCE % Related Terms

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Kistos Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kistos Holdings PLC (OTCPK:KSTOF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KIST:UK LU0:Germany

Address

3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU

Website

https://www.kistosplc.com

Kistos Holdings PLC is established to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its principal area of activity is the acquisition and operation of companies or businesses in the energy sector, with a focus on upstream oil and gas activities. The company's reportable segments are; the Netherlands, comprising the production and sale of gas and other hydrocarbons in the Q10-A field and the related costs; the Norway segment comprises the production of oil from interests in the Balder and Ringhorne Ost fields offshore Norway; and the UK segment represents the production and sale of gas and other hydrocarbons from its interest in GLA and related costs.

Kistos Holdings Headlines

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