Refuels NV (OSL:REFL) ROCE % : -15.10% (As of Dec. 2023)

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What is Refuels NV 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. Refuels NV's annualized ROCE % for the quarter that ended in Dec. 2023 was -15.10%.

Refuels NV ROCE % Historical Data

The historical data trend for Refuels NV'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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Refuels NV ROCE % Chart

Refuels NV Annual Data

Trend

Mar22

Mar23

ROCE %

4.26

Refuels NV Quarterly Data
	Nov22	Jun23	Sep23	Dec23
ROCE %	-	-48.70	-3.67	-15.10

Refuels NV ROCE % Calculation

Refuels NV's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	35.342	/	( ( (0 - 0)	+	(1460.973 - 632.27) )	/ 1 )
	=	35.342	/	( (0	+	828.703)	/ 1 )
	=	35.342	/	828.703
	=	4.26 %

Refuels NV's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-327.112	/	( ( (2737.599 - 531.523)	+	(2850.154 - 724.316) )	/ 2 )
	=	-327.112	/	( ( 2206.076	+	2125.838 )	/ 2 )
	=	-327.112	/	2165.957
	=	-15.10 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Refuels NV (OSL:REFL) 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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Refuels NV (OSL:REFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Refuels NV (OSL:REFL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Evert van de Beekstraat 1-104, The Base B, Amsterdam, NLD, 1118CL

Website

https://www.refuels.com

Refuels NV operates as a renewable biomethane supplier for decarbonizing heavy goods vehicles. The company is rolling out a network of stations offering renewable biomethane fuels to heavy goods vehicles, with hydrogen and electricity to be added.

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