Oklo (OKLO) ROCE % : -167.28% (As of Jun. 2023)

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What is Oklo 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. Oklo's annualized ROCE % for the quarter that ended in Jun. 2023 was -167.28%.

Oklo ROCE % Historical Data

The historical data trend for Oklo'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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Oklo ROCE % Chart

Oklo Annual Data

Trend

Dec21

Dec22

ROCE %

-48.67

-95.67

Oklo Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
ROCE %	-	-79.18	-112.57	-167.28

Oklo ROCE % Calculation

Oklo's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-10.025	/	( ( (11.041 - 0.437)	+	(10.987 - 0.634) )	/ 2 )
	=	-10.025	/	( (10.604	+	10.353)	/ 2 )
	=	-10.025	/	10.4785
	=	-95.67 %

Oklo's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-13.378	/	( ( (10.987 - 0.634)	+	(7.581 - 1.939) )	/ 2 )
	=	-13.378	/	( ( 10.353	+	5.642 )	/ 2 )
	=	-13.378	/	7.9975
	=	-167.28 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Oklo (NYSE:OKLO) 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.

Oklo ROCE % Related Terms

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Oklo (OKLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Oklo Inc (NYSE:OKLO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3190 Coronado Drive, Santa Clara, CA, USA, 95054

Website

https://www.oklo.com

Oklo Inc is developing advanced fission power plants to provide clean, reliable, and affordable energy at scale. It is pursuing two complementary tracks to address this demand: providing reliable, commercial-scale energy to customers; and selling used nuclear fuel recycling services to the U.S. market. The Company plans to commercialize its liquid metal fast reactor technology with the Aurora powerhouse product line. The first commercial Aurora powerhouse is designed to produce up to 15 megawatts of electricity (MWe) on both recycled nuclear fuel and fresh fuel.

Oklo (OKLO) Headlines

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