Hunter Group ASA (OSL:HUNT) ROCE % : -60.56% (As of Sep. 2024)

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What is Hunter Group 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. Hunter Group ASA's annualized ROCE % for the quarter that ended in Sep. 2024 was -60.56%.

Hunter Group ASA ROCE % Historical Data

The historical data trend for Hunter Group 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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Hunter Group ASA ROCE % Chart

Hunter Group ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.62

17.19

0.60

Hunter Group ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-34.93	90.15	-8.83	-29.65	-60.56

Hunter Group ASA ROCE % Calculation

Hunter Group 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 )
	=	4.346	/	( ( (1375.587 - 7.074)	+	(89.796 - 3.228) )	/ 2 )
	=	4.346	/	( (1368.513	+	86.568)	/ 2 )
	=	4.346	/	727.5405
	=	0.60 %

Hunter Group ASA's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-160.952	/	( ( (322.008 - 25.456)	+	(248.059 - 13.034) )	/ 2 )
	=	-160.952	/	( ( 296.552	+	235.025 )	/ 2 )
	=	-160.952	/	265.7885
	=	-60.56 %

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

Hunter Group ASA (OSL:HUNT) 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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Hunter Group ASA Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hunter Group ASA (OSL:HUNT) » Definitions » ROCE %

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HUNTo:Sweden 0JI3:UK 4BD0:Germany

Address

Dronningen 1, Oslo, NOR, 0287

Website

https://www.huntergroup.no

Hunter Group ASA is an investment company focusing on shipping and oil services investments. It is organized into one business unit based on its products and services and has one reportable segment, which consists of vessel chartering activities and other related costs and investments.

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