CMB.Tech NV (LTS:0K9A) ROCE % : 17.67% (As of Dec. 2024)

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What is CMB.Tech NV 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. CMB.Tech NV's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.67%.

CMB.Tech NV ROCE % Historical Data

The historical data trend for CMB.Tech NV'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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CMB.Tech NV ROCE % Chart

CMB.Tech NV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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14.01

-8.35

8.43

29.24

32.59

CMB.Tech NV Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															49.48	69.01	27.39	19.83	17.67

CMB.Tech NV ROCE % Calculation

CMB.Tech NV's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	995.168	/	( ( (3135.48 - 389.499)	+	(3735.59 - 374.986) )	/ 2 )
	=	995.168	/	( (2745.981	+	3360.604)	/ 2 )
	=	995.168	/	3053.2925
	=	32.59 %

CMB.Tech NV's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	552.708	/	( ( (3265.391 - 370.916)	+	(3735.59 - 374.986) )	/ 2 )
	=	552.708	/	( ( 2894.475	+	3360.604 )	/ 2 )
	=	552.708	/	3127.5395
	=	17.67 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

CMB.Tech NV (LTS:0K9A) 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.

CMB.Tech NV ROCE % Related Terms

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CMB.Tech NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CMB.Tech NV (LTS:0K9A) » Definitions » ROCE %

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CMBT:USA OCW:Germany OCW:Germany CMBT:Belgium

Address

De Gerlachekaai 20, Antwerpen, BEL, 2000

Website

https://www.cmb.tech

CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organises itself into two segments: tankers and floating storage and offloading activities, or FSO. The tankers segment, which generates the majority of revenue, operates crude oil tankers on international markets. The FSO segment conducts floating production, floating storage, and offloading operations for crude oil and petroleum products.

CMB.Tech NV Headlines

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