Frontwalker AB (NGM:FRWA B) ROCE % : -59.46% (As of Sep. 2024)

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What is Frontwalker AB 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. Frontwalker AB's annualized ROCE % for the quarter that ended in Sep. 2024 was -59.46%.

Frontwalker AB ROCE % Historical Data

The historical data trend for Frontwalker AB'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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Frontwalker AB ROCE % Chart

Frontwalker AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-27.22

-9.39

0.61

-53.92

-18.36

Frontwalker AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-68.71	17.91	-167.84	-38.73	-59.46

Frontwalker AB ROCE % Calculation

Frontwalker AB'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 )
	=	-8.382	/	( ( (83.181 - 31.628)	+	(64.932 - 25.202) )	/ 2 )
	=	-8.382	/	( (51.553	+	39.73)	/ 2 )
	=	-8.382	/	45.6415
	=	-18.36 %

Frontwalker AB's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-12.24	/	( ( (36.253 - 14.066)	+	(28.862 - 9.877) )	/ 2 )
	=	-12.24	/	( ( 22.187	+	18.985 )	/ 2 )
	=	-12.24	/	20.586
	=	-59.46 %

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

Frontwalker AB (NGM:FRWA B) 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.

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Frontwalker AB Business Description

Industry

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Address

Industrigatan 17, Harnosand, SWE, 856 53

Website

https://www.xavisolutions.se

Xavi Solutionnode AB is active in the information technology (IT) sector. The purpose of the group is mainly to invest in information technology. The business consists of several business segments that are operated through different brands such as Frontwalker and Tavana. Within the group, resource and competence reinforcement is offered within all phases of the system development process, comprehensive commitments regarding the development and management of large customer-specific IT systems and for staffing IT support.

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