Greater Than AB (OSTO:GREAT) ROCE % : -26.63% (As of Dec. 2024)

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What is Greater Than AB 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. Greater Than AB's annualized ROCE % for the quarter that ended in Dec. 2024 was -26.63%.

Greater Than AB ROCE % Historical Data

The historical data trend for Greater Than AB'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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Greater Than AB ROCE % Chart

Greater Than AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-80.14

-37.40

-56.01

-57.09

0.05

Greater Than AB 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															-38.03	-5.60	1.84	43.48	-26.63

Greater Than AB ROCE % Calculation

Greater Than AB'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 )
	=	0.028	/	( ( (51.155 - 13.318)	+	(93.76 - 15.899) )	/ 2 )
	=	0.028	/	( (37.837	+	77.861)	/ 2 )
	=	0.028	/	57.849
	=	0.05 %

Greater Than AB'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 )
	=	-21.34	/	( ( (95.18 - 12.777)	+	(93.76 - 15.899) )	/ 2 )
	=	-21.34	/	( ( 82.403	+	77.861 )	/ 2 )
	=	-21.34	/	80.132
	=	-26.63 %

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

Greater Than AB (OSTO:GREAT) 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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Greater Than AB Business Description

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Address

Karlavagen 58, Stockholm, SWE, 114 49

Website

https://www.greaterthan.eu

Greater Than AB is a driving data analytics company that uses artificial intelligence to convert GPS data into driver scores that predict crash probability and climate impact. Insurance companies, underwriters, fleet solution providers, mobility providers and other owners of GPS data use Greater Than's analysis to optimize driver risk management, achieve insurance profitability, manage sustainability and ESG reporting, and monetize GPS data.

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