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AOTI (LSE:AOTI) ROCE % : -26.61% (As of Jun. 2024)


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What is AOTI 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. AOTI's annualized ROCE % for the quarter that ended in Jun. 2024 was -26.61%.


AOTI ROCE % Historical Data

The historical data trend for AOTI'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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AOTI ROCE % Chart

AOTI Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
138.57 -2.06 -48.56

AOTI Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
ROCE % - - -16.26 -111.50 -26.61

AOTI ROCE % Calculation

AOTI'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 )
=-4.503/( ( (18.099 - 5.847) + (16.654 - 10.36) )/ 2 )
=-4.503/( (12.252+6.294)/ 2 )
=-4.503/9.273
=-48.56 %

AOTI'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 )
=-4.15/( ( (16.654 - 10.36) + (33.414 - 8.516) )/ 2 )
=-4.15/( ( 6.294 + 24.898 )/ 2 )
=-4.15/15.596
=-26.61 %

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


AOTI  (LSE:AOTI) 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.


AOTI ROCE % Related Terms

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AOTI Business Description

Traded in Other Exchanges
N/A
Address
3512 Seagate Way, Suite 100, Oceanside, CA, USA, 92056
AOTI Inc produces, rents, and sells medical devices to help resolve severe acute and chronic wounds for customers globally. The company provides efficacious topical wound oxygen solutions for use in both the institutional and the home care setting to improve the health, well-being, and independence of patients. Its products include TWO2 Extremity Chamber, TWO2 Multi-Patch.

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