Flint (NWPIF) ROCE % : 25.58% (As of Sep. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Flint 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. Flint's annualized ROCE % for the quarter that ended in Sep. 2024 was 25.58%.

Flint ROCE % Historical Data

The historical data trend for Flint'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.

Flint ROCE % Chart

Flint Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.36

16.08

5.15

2.92

3.35

Flint 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															18.98	10.79	-0.54	10.79	25.58

Flint ROCE % Calculation

Flint'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 )
	=	3.928	/	( ( (172.233 - 51.962)	+	(161.473 - 47.031) )	/ 2 )
	=	3.928	/	( (120.271	+	114.442)	/ 2 )
	=	3.928	/	117.3565
	=	3.35 %

Flint'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 )
	=	29.596	/	( ( (164.125 - 48.38)	+	(192.886 - 77.238) )	/ 2 )
	=	29.596	/	( ( 115.745	+	115.648 )	/ 2 )
	=	29.596	/	115.6965
	=	25.58 %

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

Flint (OTCPK:NWPIF) 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.

Flint ROCE % Related Terms

Thank you for viewing the detailed overview of Flint's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Flint Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flint Corp (OTCPK:NWPIF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FLNT:Canada

Address

205 - 5th Avenue SouthWest, Suite 3500, Bow Valley Square 2, Calgary, AB, CAN, T2P 2V7

Website

https://www.flintcorp.com

Flint Corp is a fully-integrated provider of services and products to industrial markets including Energy, Petrochemical, Mining, Power, Agriculture, Forestry, Infrastructure and Water Treatment. The service provided by the company focuses on maintenance and turnarounds, facility construction, fabrication, modularization and machining, wear technologies and weld overlays, pipeline installation and integrity, electrical and instrumentation, workforce supply, heavy equipment operators, and environmental services. The company's segments include The Maintenance and Construction Services segment; and the Wear Technology Overlay Services and Corporate segment. The company derives maximum revenue from The Maintenance and Construction Services segment.