Eqva ASA (OSL:EQVA) ROCE % : -5.94% (As of Dec. 2024)

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What is Eqva 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. Eqva ASA's annualized ROCE % for the quarter that ended in Dec. 2024 was -5.94%.

Eqva ASA ROCE % Historical Data

The historical data trend for Eqva 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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Eqva ASA ROCE % Chart

Eqva ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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53.80

-7.97

0.18

12.33

Eqva ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-12.70	37.36	9.36	8.23	-5.94

Eqva ASA ROCE % Calculation

Eqva 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 )
	=	56.252	/	( ( (667.643 - 201.288)	+	(829.273 - 382.933) )	/ 2 )
	=	56.252	/	( (466.355	+	446.34)	/ 2 )
	=	56.252	/	456.3475
	=	12.33 %

Eqva 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 )
	=	-26.804	/	( ( (776.432 - 319.578)	+	(829.273 - 382.933) )	/ 2 )
	=	-26.804	/	( ( 456.854	+	446.34 )	/ 2 )
	=	-26.804	/	451.597
	=	-5.94 %

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

Eqva ASA (OSL:EQVA) 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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Eqva ASA Business Description

Industry

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0QWR:UK 1H2:Germany

Address

Handelandvegen 75, Valen, NOR, 5451

Website

https://www.eqva.no

Eqva ASA is a knowledge-based active owner of engineering, construction, and service companies that contribute to the green transition in maritime, power-intensive, and renewable industries. It aims to become a fully integrated service and maintenance supplier for the Norwegian land-based and maritime industry. The business is organized into two business segments: Real Estate, and Products, solutions & renewables. The company's majority of the revenue comes from its Products, solutions & renewables segment, which focuses on the development and operation of small-scale hydropower plants, and is a full-service provider of technical installations to the land-based and maritime industry in Norway.

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