Airtificial Intelligence Structures (STU:IRG) ROCE % : -0.48% (As of Jun. 2023)

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What is Airtificial Intelligence Structures 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. Airtificial Intelligence Structures's annualized ROCE % for the quarter that ended in Jun. 2023 was -0.48%.

Airtificial Intelligence Structures ROCE % Historical Data

The historical data trend for Airtificial Intelligence Structures'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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Airtificial Intelligence Structures ROCE % Chart

Airtificial Intelligence Structures Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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2.21

-19.76

-13.50

-8.55

-2.58

Airtificial Intelligence Structures Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-3.30	-14.60	1.43	-6.70	-0.48

Airtificial Intelligence Structures ROCE % Calculation

Airtificial Intelligence Structures's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-3.659	/	( ( (206.655 - 55.61)	+	(195.999 - 63.568) )	/ 2 )
	=	-3.659	/	( (151.045	+	132.431)	/ 2 )
	=	-3.659	/	141.738
	=	-2.58 %

Airtificial Intelligence Structures's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-0.624	/	( ( (195.999 - 63.568)	+	(201.642 - 73.785) )	/ 2 )
	=	-0.624	/	( ( 132.431	+	127.857 )	/ 2 )
	=	-0.624	/	130.144
	=	-0.48 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Airtificial Intelligence Structures (STU:IRG) 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.

Airtificial Intelligence Structures ROCE % Related Terms

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Airtificial Intelligence Structures (STU:IRG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Airtificial Intelligence Structures SA (STU:IRG) » Definitions » ROCE %

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AI:Spain IRG:Germany

Address

General Diaz Porlier 49, Madrid, ESP, 28001

Website

https://www.airtificial.com

Airtificial Intelligence Structures SA is a prominent Spanish company in the field of Artificial Intelligence, Robotics, and the Development of Intelligent Structures. The company provides design and manufacturing technology solutions for the automotive, aeronautics, infrastructure, and other industrial sectors. It operates in the Aerospace & Defense, Infrastructure, and Intelligent Robots segments. The majority of the company's revenues are derived from the Intelligent Robots segment that caters to the automotive sector, specifically, in assembly, test, and test lines.

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