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Voltamp EnergyOG (MUS:VOES) ROCE % : 0.13% (As of Mar. 2018)


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What is Voltamp EnergyOG 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. Voltamp EnergyOG's annualized ROCE % for the quarter that ended in Mar. 2018 was 0.13%.


Voltamp EnergyOG ROCE % Historical Data

The historical data trend for Voltamp EnergyOG'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.

Voltamp EnergyOG ROCE % Chart

Voltamp EnergyOG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.85 13.59 18.75 18.68 15.43

Voltamp EnergyOG Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.47 18.31 28.61 17.48 0.13

Voltamp EnergyOG ROCE % Calculation

Voltamp EnergyOG's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=3.888/( ( (38.896 - 14.234) + (43.871 - 18.149) )/ 2 )
=3.888/( (24.662+25.722)/ 2 )
=3.888/25.192
=15.43 %

Voltamp EnergyOG's ROCE % of for the quarter that ended in Mar. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=0.032/( ( (43.871 - 18.149) + (41.756 - 17.431) )/ 2 )
=0.032/( ( 25.722 + 24.325 )/ 2 )
=0.032/25.0235
=0.13 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2018) 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.


Voltamp EnergyOG  (MUS:VOES) 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.


Voltamp EnergyOG ROCE % Related Terms

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Voltamp EnergyOG (MUS:VOES) Business Description

Traded in Other Exchanges
N/A
Address
Rusayl Industrial Estate, Road No. 7, P.O Box 75, Rusayl, OMN, 124
Voltamp Energy SAOG together with its subsidiaries manufactures, distributes, and sells transformers, medium and low voltage switchgear, and packaged sub-stations. The firm also undertakes repairs and refurbishment of a complete range of transformers. Principally it operates in two units that is Transformers and Low-Voltage Switchgear and Panels. It offers power transformers; distribution transformers; special transformers; earthing transformers for the substations; The company also provides package substations comprising transformer ring main units and feeder pillars mounted on a common skid and complete enclosures; feeder pillars; distribution boards, such as MCC and PCC panels, and intelligent MCCs with motor control. The firm operates its activities in the Middle East and North Africa.

Voltamp EnergyOG (MUS:VOES) Headlines

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