Salt Investments (SGX:FQ7) ROCE % : -70.97% (As of Dec. 2024)

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What is Salt Investments 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. Salt Investments's annualized ROCE % for the quarter that ended in Dec. 2024 was -70.97%.

Salt Investments ROCE % Historical Data

The historical data trend for Salt Investments'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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Salt Investments ROCE % Chart

Salt Investments Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

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-372.37

-795.59

Salt Investments Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-70.97

Salt Investments ROCE % Calculation

Salt Investments's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	-0.698	/	( ( (0.051 - 0.74)	+	(0.413 - 0.649) )	/ 2 )
	=	-0.698	/	( (-0.689	+	-0.236)	/ 2 )
	=	-0.698	/	-0.4625
	=	150.92 %

Salt Investments'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 )
	=	-7.12	/	( ( (1.06 - 0.703)	+	(24.501 - 4.792) )	/ 2 )
	=	-7.12	/	( ( 0.357	+	19.709 )	/ 2 )
	=	-7.12	/	10.033
	=	-70.97 %

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

Salt Investments (SGX:FQ7) 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.

Salt Investments ROCE % Related Terms

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Salt Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Salt Investments Ltd (SGX:FQ7) » Definitions » ROCE %

Comparable Companies

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N/A

Address

1 Kallang Junction, No. 06-01 Vanguard Campus, Singapore, SGP, 339263

Website

https://www.jasperinvests.com

Salt Investments Ltd formerly, Jasper Investments Ltd is engaged in the provision of transportation services construction and earthwork sectors. It covers all aspects of chartering and operating a variety of vessels and transportation equipment. It also owns and operates oil rigs for deep-sea drilling which are contracted out to oil and gas exploration and production companies. The company's operating segment includes the Offshore segment; which is engaged in the provision of management services, management of vessels and barge transportation services, and the Corporate segment, which includes Investment holding, management, and other corporate assets. Geographically, it has operations in the whole of Asia.

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