ElectroMagnetic GeoServices ASA (OSL:EMGS) ROCE % : 0.00% (As of Dec. 2024)

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What is ElectroMagnetic GeoServices 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. ElectroMagnetic GeoServices ASA's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

ElectroMagnetic GeoServices ASA ROCE % Historical Data

The historical data trend for ElectroMagnetic GeoServices 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.
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ElectroMagnetic GeoServices ASA ROCE % Chart

ElectroMagnetic GeoServices ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-31.93

26.80

54.33

-20.49

57.89

ElectroMagnetic GeoServices ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-51.06	-65.85	267.44	-	-

ElectroMagnetic GeoServices ASA ROCE % Calculation

ElectroMagnetic GeoServices ASA's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	73.303	/	( ( (292.925 - 78.519)	+	(334.446 - 295.624) )	/ 2 )
	=	73.303	/	( (214.406	+	38.822)	/ 2 )
	=	73.303	/	126.614
	=	57.89 %

ElectroMagnetic GeoServices ASA's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	395.272	/	( ( (349.207 - 397.678)	+	(334.446 - 295.624) )	/ 2 )
	=	395.272	/	( ( -48.471	+	38.822 )	/ 2 )
	=	395.272	/	-4.8245
	=	0 %

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

ElectroMagnetic GeoServices ASA (OSL:EMGS) 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.

ElectroMagnetic GeoServices ASA ROCE % Related Terms

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ElectroMagnetic GeoServices ASA Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ElectroMagnetic GeoServices ASA (OSL:EMGS) » Definitions » ROCE %

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E2M:Germany

Address

Karenslyst Alle 4, 4th floor, Oslo, NOR, 0278

Website

https://www.emgs.com

ElectroMagnetic GeoServices ASA is a company engaged in offering electromagnetic services. The company primarily uses the electromagnetic survey method to locate hydrocarbons in offshore reservoirs. The company's focus is on planning, acquisition, processing, modeling, interpretation, and integration of electromagnetic data. Oil and gas companies, as well as other customers, utilize its services to determine whether an offshore area is suitable for commercial production of hydrocarbons. The company operate in Europe, the Middle East, and Africa, Norway, North and South America, Asia, and the Pacific Ocean. The majority of their revenue is generated from Norway. It makes money through contract sales and multi-client sales.

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