Hermana Holding ASA (FRA:OF30) ROCE % : -7.57% (As of Sep. 2024)

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What is Hermana Holding 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. Hermana Holding ASA's annualized ROCE % for the quarter that ended in Sep. 2024 was -7.57%.

Hermana Holding ASA ROCE % Historical Data

The historical data trend for Hermana Holding 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.

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Hermana Holding ASA ROCE % Chart

Hermana Holding ASA Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

885.71

217.01

7.63

Hermana Holding ASA Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial			0.96	-	-	-17.37	-7.57

Hermana Holding ASA ROCE % Calculation

Hermana Holding 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 )
	=	0.539	/	( ( (7.061 - 0)	+	(0 - 0) )	/ 1 )
	=	0.539	/	( (7.061	+	0)	/ 1 )
	=	0.539	/	7.061
	=	7.63 %

Hermana Holding 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 )
	=	-0.78	/	( ( (10.957 - 0.271)	+	(9.958 - 0.042) )	/ 2 )
	=	-0.78	/	( ( 10.686	+	9.916 )	/ 2 )
	=	-0.78	/	10.301
	=	-7.57 %

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

Hermana Holding ASA (FRA:OF30) 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.

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Hermana Holding ASA Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

HERMA:Norway

Address

Karenslyst alle 6, Oslo, NOR, 0278

Website

https://www.hermanaholding.com

Hermana Holding ASA is a Norway-based company. The Company's principal business is to hold, manage and operate certain Royalties, and its business scope is defined as acquiring and owning shares or interests in other companies, trading in financial instruments (particularly Royalties or Streams) as well as closely related instruments/concepts. The Company aims to expand its Royalty business model, assessing opportunities to secure a share of an asset's future revenue stream.

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