Capsol Technologies ASA (OSL:CAPSL) ROCE % : -21.21% (As of Mar. 2024)

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What is Capsol Technologies 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. Capsol Technologies ASA's annualized ROCE % for the quarter that ended in Mar. 2024 was -21.21%.

Capsol Technologies ASA ROCE % Historical Data

The historical data trend for Capsol Technologies 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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Capsol Technologies ASA ROCE % Chart

Capsol Technologies ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-177.66

-160.72

-54.50

-38.80

-46.55

Capsol Technologies ASA Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											-57.78	-72.93	-41.66	-41.36	-21.21

Capsol Technologies ASA ROCE % Calculation

Capsol Technologies 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 )
	=	-40.929	/	( ( (102.299 - 12.205)	+	(145.727 - 59.968) )	/ 2 )
	=	-40.929	/	( (90.094	+	85.759)	/ 2 )
	=	-40.929	/	87.9265
	=	-46.55 %

Capsol Technologies 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 )
	=	-25.884	/	( ( (145.727 - 59.968)	+	(202.6 - 44.237) )	/ 2 )
	=	-25.884	/	( ( 85.759	+	158.363 )	/ 2 )
	=	-25.884	/	122.061
	=	-21.21 %

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

Capsol Technologies ASA (OSL:CAPSL) 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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Capsol Technologies ASA (OSL:CAPSL) Business Description

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W9K:Germany

Address

7th floor, Thune Eureka Building, Drammensveien 126, Oslo, NOR, 0277

Website

https://www.capsoltechnologies.com

Capsol Technologies ASA is a carbon capture technology provider with the goal to accelerate the transition to a carbon-negative future. Its energy-efficient, cost-competitive, and environmentally friendly solution is licensed out either directly to customers or through industrial partners globally. Key target segments include cement, biomass, energy-from-waste (EfW), power generation, and large industrial plants.

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