OptiCept Technologies AB (OSTO:OPTI) ROCE % : -16.06% (As of Mar. 2024)

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What is OptiCept Technologies 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. OptiCept Technologies AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -16.06%.

OptiCept Technologies AB ROCE % Historical Data

The historical data trend for OptiCept Technologies 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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OptiCept Technologies AB ROCE % Chart

OptiCept Technologies AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-43.97

-32.27

-20.86

-23.58

-18.68

OptiCept Technologies AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-18.03	-16.02	-19.63	-23.05	-16.06

OptiCept Technologies AB ROCE % Calculation

OptiCept Technologies AB'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 )
	=	-70.947	/	( ( (473.324 - 70.819)	+	(387.278 - 30.374) )	/ 2 )
	=	-70.947	/	( (402.505	+	356.904)	/ 2 )
	=	-70.947	/	379.7045
	=	-18.68 %

OptiCept Technologies AB's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-57.356	/	( ( (387.278 - 30.374)	+	(382.842 - 25.456) )	/ 2 )
	=	-57.356	/	( ( 356.904	+	357.386 )	/ 2 )
	=	-57.356	/	357.145
	=	-16.06 %

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

OptiCept Technologies AB (OSTO:OPTI) 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.

OptiCept Technologies AB ROCE % Related Terms

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OptiCept Technologies AB (OSTO:OPTI) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » OptiCept Technologies AB (OSTO:OPTI) » Definitions » ROCE %

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725:Germany

Address

Skiffervagen 12, Lund, SWE, 224 78

Website

https://www.opticept.se

OptiCept Technologies AB is engaged in providing technology and machinery for the food and plant industry that impacts in terms of sustainability, quality, and efficiency. It provides methods and machines for treating postharvest products like cut flowers and cuttings as well as food products like fruits and vegetables.