XP Chemistries AB (OSTO:XPC) ROCE % : -37.57% (As of Mar. 2024)

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What is XP Chemistries 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. XP Chemistries AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -37.57%.

XP Chemistries AB ROCE % Historical Data

The historical data trend for XP Chemistries 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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XP Chemistries AB ROCE % Chart

XP Chemistries AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-33.42

-32.66

-36.91

XP Chemistries AB Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial									-36.23	-43.25	-41.30	-38.09	-37.57

XP Chemistries AB ROCE % Calculation

XP Chemistries 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 )
	=	-10.106	/	( ( (30.651 - 1.583)	+	(27.196 - 1.508) )	/ 2 )
	=	-10.106	/	( (29.068	+	25.688)	/ 2 )
	=	-10.106	/	27.378
	=	-36.91 %

XP Chemistries 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 )
	=	-9.304	/	( ( (27.196 - 1.508)	+	(25.108 - 1.271) )	/ 2 )
	=	-9.304	/	( ( 25.688	+	23.837 )	/ 2 )
	=	-9.304	/	24.7625
	=	-37.57 %

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

XP Chemistries AB (OSTO:XPC) 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.

XP Chemistries AB ROCE % Related Terms

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XP Chemistries AB (OSTO:XPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » XP Chemistries AB (OSTO:XPC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Storgatan 73F, Sundsvall, SWE, 852 33

Website

https://www.xpchemistries.com

XP Chemistries AB is an inventive biotechnology company that develops and patents novel nature inspired chemical processes for the production of high-quality and sustainable natural chemicals.

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