EQTEC (LSE:EQT) ROCE % : -9.75% (As of Jun. 2023)

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What is EQTEC 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. EQTEC's annualized ROCE % for the quarter that ended in Jun. 2023 was -9.75%.

EQTEC ROCE % Historical Data

The historical data trend for EQTEC'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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EQTEC ROCE % Chart

EQTEC Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-65.86

-15.51

-23.27

-13.19

-24.49

EQTEC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-20.24	-5.18	-9.92	-39.70	-9.75

EQTEC ROCE % Calculation

EQTEC's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-8.588	/	( ( (42.962 - 6.053)	+	(43.158 - 9.938) )	/ 2 )
	=	-8.588	/	( (36.909	+	33.22)	/ 2 )
	=	-8.588	/	35.0645
	=	-24.49 %

EQTEC's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-3.39	/	( ( (43.158 - 9.938)	+	(43.493 - 7.197) )	/ 2 )
	=	-3.39	/	( ( 33.22	+	36.296 )	/ 2 )
	=	-3.39	/	34.758
	=	-9.75 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

EQTEC (LSE:EQT) 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.

EQTEC ROCE % Related Terms

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EQTEC (LSE:EQT) Business Description

Industry

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KEU:Germany

Address

Building 1000, City Gate, Mahon, Cork, IRL, T12 W7CV

Website

https://www.eqtec.com

EQTEC PLC is a developer of clean energy infrastructure focused on reducing greenhouse gas emissions and wastes through gasification technologies. The company provides solutions to manage rising levels of waste and meet the growing demand for clean energy the group design and supplies advanced gasification solutions and have a higher efficiency product offering that is modular and scalable from 1MW to 30MW and the solutions produce synthesis gas (syngas), that can be used for the widest applications in the generation of clean energy, hydrogen, and biofuels, enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG, and other energy production.