Atome (LSE:ATOM) ROCE % : -97.82% (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Atome 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. Atome's annualized ROCE % for the quarter that ended in Jun. 2024 was -97.82%.

Atome ROCE % Historical Data

The historical data trend for Atome'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.

Atome ROCE % Chart

Atome Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-39.65

-110.22

-139.08

Atome Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			-117.02	-150.30	-83.56	-124.39	-97.82

Atome ROCE % Calculation

Atome'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 )
	=	-5.45	/	( ( (5.435 - 1.354)	+	(6.009 - 2.253) )	/ 2 )
	=	-5.45	/	( (4.081	+	3.756)	/ 2 )
	=	-5.45	/	3.9185
	=	-139.08 %

Atome'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 )
	=	-3.792	/	( ( (6.009 - 2.253)	+	(6.551 - 2.554) )	/ 2 )
	=	-3.792	/	( ( 3.756	+	3.997 )	/ 2 )
	=	-3.792	/	3.8765
	=	-97.82 %

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

Atome (LSE:ATOM) 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.

Atome ROCE % Related Terms

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

Atome Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Atome PLC (LSE:ATOM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

J6J:Germany

Address

Selby Road, Carrwood Park, Leeds, GBR, LS15 4LG

Website

https://www.atomeplc.com

Atome PLC produces, markets, and distributes green hydrogen and ammonia. The company's subsidiaries have commenced operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners. The Company currently has projects in two geographical markets such as the Paraguay and Iceland.