RNWEY (REC Silicon ASA) ROCE % : -60.14% (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is REC Silicon 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. REC Silicon ASA's annualized ROCE % for the quarter that ended in Sep. 2024 was -60.14%.

REC Silicon ASA ROCE % Historical Data

The historical data trend for REC Silicon 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.

* Premium members only.

REC Silicon ASA ROCE % Chart

REC Silicon ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-51.76

-21.11

-7.76

-32.55

15.30

REC Silicon 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															-28.07	108.84	-32.79	-50.69	-60.14

REC Silicon ASA ROCE % Calculation

REC Silicon 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 )
	=	46.5	/	( ( (319.9 - 160.3)	+	(552.9 - 104.8) )	/ 2 )
	=	46.5	/	( (159.6	+	448.1)	/ 2 )
	=	46.5	/	303.85
	=	15.30 %

REC Silicon 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 )
	=	-196	/	( ( (456.1 - 102.7)	+	(445.8 - 147.4) )	/ 2 )
	=	-196	/	( ( 353.4	+	298.4 )	/ 2 )
	=	-196	/	325.9
	=	-60.14 %

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

REC Silicon ASA (OTCPK:RNWEY) 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.

REC Silicon ASA ROCE % Related Terms

Thank you for viewing the detailed overview of REC Silicon ASA's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

REC Silicon ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » REC Silicon ASA (OTCPK:RNWEY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RNWEF:USA RECo:Sweden RECSI:Norway 0FS8:UK R3Q:Germany

Address

Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324

Website

https://www.recsilicon.com

REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon, and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. The majority of the firm's revenue is generated through the Semiconductor Materials segment.