EnergyPathways (LSE:EPP) ROCE % : -65.24% (As of Jun. 2024)

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What is EnergyPathways 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. EnergyPathways's annualized ROCE % for the quarter that ended in Jun. 2024 was -65.24%.

EnergyPathways ROCE % Historical Data

The historical data trend for EnergyPathways'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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EnergyPathways ROCE % Chart

EnergyPathways Annual Data

Trend

Feb22

Feb23

ROCE %

-162.98

EnergyPathways Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
ROCE %	-	-	-167.20	-65.24

EnergyPathways ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	-0.612	/	( ( (0.345 - 0.091)	+	(0.729 - 0.232) )	/ 2 )
	=	-0.612	/	( (0.254	+	0.497)	/ 2 )
	=	-0.612	/	0.3755
	=	-162.98 %

EnergyPathways'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 )
	=	-1.098	/	( ( (3.054 - 1.188)	+	(2.294 - 0.794) )	/ 2 )
	=	-1.098	/	( ( 1.866	+	1.5 )	/ 2 )
	=	-1.098	/	1.683
	=	-65.24 %

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

EnergyPathways (LSE:EPP) 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.

EnergyPathways ROCE % Related Terms

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EnergyPathways Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EnergyPathways PLC (LSE:EPP) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Yeoman Way, Highdown House, West Sussex, Worthing, Sussex, GBR, BN99 3HH

Website

https://www.energypathways.uk

EnergyPathways PLC is an integrated energy transition company, initially targeting UK gas assets, to bring into production, in the near term, low-emission energy solutions to assist with the UK's transition to Net Zero while also providing critical supply to ensure domestic energy security. Its projects include the Marram Energy Storage Hub (MESH), a storage facility that is expected to provide a secure and dependable supply of natural gas and green hydrogen for the UK market. The company operates in a single segment, of natural gas exploration, appraisal and development, in a single geographical location, the East Irish Sea of the United Kingdom.