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Kropz (LSE:KRPZ) ROCE % : -8.35% (As of Dec. 2023)


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What is Kropz 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. Kropz's annualized ROCE % for the quarter that ended in Dec. 2023 was -8.35%.


Kropz ROCE % Historical Data

The historical data trend for Kropz'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.

Kropz ROCE % Chart

Kropz Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only -3.31 0.44 -8.55 -72.26 -0.47

Kropz Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.30 -78.06 -61.05 4.43 -8.35

Kropz ROCE % Calculation

Kropz'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 )
=-0.225/( ( (98.101 - 28.48) + (100.717 - 73.726) )/ 2 )
=-0.225/( (69.621+26.991)/ 2 )
=-0.225/48.306
=-0.47 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-2.962/( ( (92.707 - 48.718) + (100.717 - 73.726) )/ 2 )
=-2.962/( ( 43.989 + 26.991 )/ 2 )
=-2.962/35.49
=-8.35 %

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


Kropz  (LSE:KRPZ) 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.


Kropz ROCE % Related Terms

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Kropz (LSE:KRPZ) Business Description

Traded in Other Exchanges
Address
35 Verulam Road, Hitchin, GBR, SG5 1QE
Kropz PLC is a United Kingdom-based plant nutrient company. It is an explorer, mine developer, and miner of fertilizer feed minerals. Its operating segment includes phosphate mining and exploration. The company's flagship operation is the Elandsfontein project, a near-term producing asset in South Africa's Western Cape Province, and Hinda Project, which is a sedimentary-hosted phosphate reserve. The company operates in two principal geographical areas South Africa and RoC.

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