Cambi ASA (OSL:CAMBI) ROCE % : 33.10% (As of Mar. 2024)

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What is Cambi ASA 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. Cambi ASA's annualized ROCE % for the quarter that ended in Mar. 2024 was 33.10%.

Cambi ASA ROCE % Historical Data

The historical data trend for Cambi ASA'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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Cambi ASA ROCE % Chart

Cambi ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-7.01

13.79

6.73

-2.45

64.47

Cambi ASA Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															46.81	46.91	50.87	67.21	33.10

Cambi ASA ROCE % Calculation

Cambi ASA'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 )
	=	243.2	/	( ( (577.3 - 174.2)	+	(733.9 - 382.5) )	/ 2 )
	=	243.2	/	( (403.1	+	351.4)	/ 2 )
	=	243.2	/	377.25
	=	64.47 %

Cambi ASA's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	122	/	( ( (733.9 - 382.5)	+	(775.6 - 389.9) )	/ 2 )
	=	122	/	( ( 351.4	+	385.7 )	/ 2 )
	=	122	/	368.55
	=	33.10 %

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

Cambi ASA (OSL:CAMBI) 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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Cambi ASA (OSL:CAMBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Cambi ASA (OSL:CAMBI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

3W7:Germany

Address

Skysstasjon 11A, Asker, NOR, 1383

Website

https://www.cambi.com

Cambi ASA is a provider of thermal hydrolysis, anaerobic digestion, and biogas solutions for sewage sludge and organic waste management. The services of the company include Engineering Design, Installation, Sample Testing, Commissioning, and Digester Ramp-Up among others. It operates through the business segments: Cambi Group, which is focused on developing and marketing the THP technology; and Cambi Invest, the company's expansion arm tackling acquisitions and investment opportunities.

Cambi ASA (OSL:CAMBI) Headlines

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