Phoenix Power CoOG (MUS:PHPC) ROCE % : 0.00% (As of Dec. 2022)

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What is Phoenix Power CoOG 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. Phoenix Power CoOG's annualized ROCE % for the quarter that ended in Dec. 2022 was 0.00%.

Phoenix Power CoOG ROCE % Historical Data

The historical data trend for Phoenix Power CoOG'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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Phoenix Power CoOG ROCE % Chart

Phoenix Power CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.44

6.65

6.68

7.45

7.89

Phoenix Power CoOG Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial															-0.24	14.69	15.10	-	-

Phoenix Power CoOG ROCE % Calculation

Phoenix Power CoOG'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 )
	=	37.379	/	( ( (541.721 - 58.23)	+	(524.223 - 60.256) )	/ 2 )
	=	37.379	/	( (483.491	+	463.967)	/ 2 )
	=	37.379	/	473.729
	=	7.89 %

Phoenix Power CoOG's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	-0.024	/	( ( (564.335 - 63.428)	+	(541.721 - 58.23) )	/ 2 )
	=	-0.024	/	( ( 500.907	+	483.491 )	/ 2 )
	=	-0.024	/	492.199
	=	-0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Phoenix Power CoOG (MUS:PHPC) 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.

Phoenix Power CoOG ROCE % Related Terms

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Phoenix Power CoOG (MUS:PHPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Phoenix Power Co SAOG (MUS:PHPC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sur, Muscat, OMN

Website

https://www.phoenixpoweroman.com

Phoenix Power Co SAOG is an Oman-based power plant operator. It develops, finance, design, constructs, operates, maintains, insure, and own a power generating station and associated gas interconnection facilities and other relevant infrastructure. It has two operating segments Capacity charges and Energy charges The majority of its revenue comes from Energy charges.

Phoenix Power CoOG (MUS:PHPC) Headlines

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