Knox Energy Solutions AS (STU:V3I0) ROCE % : -21.17% (As of Jun. 2024)

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What is Knox Energy Solutions AS 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. Knox Energy Solutions AS's annualized ROCE % for the quarter that ended in Jun. 2024 was -21.17%.

Knox Energy Solutions AS ROCE % Historical Data

The historical data trend for Knox Energy Solutions AS'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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Knox Energy Solutions AS ROCE % Chart

Knox Energy Solutions AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-195.73

-379.70

-187.84

-135.81

Knox Energy Solutions AS Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial					-96.13	-81.03	-123.52	-208.99	-21.17

Knox Energy Solutions AS ROCE % Calculation

Knox Energy Solutions AS'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 )
	=	-1743.508	/	( ( (2592.523 - 335.147)	+	(510.678 - 200.509) )	/ 2 )
	=	-1743.508	/	( (2257.376	+	310.169)	/ 2 )
	=	-1743.508	/	1283.7725
	=	-135.81 %

Knox Energy Solutions AS's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-433.974	/	( ( (510.678 - 200.509)	+	(3911.637 - 122.047) )	/ 2 )
	=	-433.974	/	( ( 310.169	+	3789.59 )	/ 2 )
	=	-433.974	/	2049.8795
	=	-21.17 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Knox Energy Solutions AS (STU:V3I0) 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.

Knox Energy Solutions AS ROCE % Related Terms

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Knox Energy Solutions AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Knox Energy Solutions AS (STU:V3I0) » Definitions » ROCE %

Traded in Other Exchanges

V3I0:Germany

Address

Stromso torg 4, Drammen, NOR, 3044

Website

https://www.knox-energy.com

Knox Energy Solutions AS is an energy company focus on energy projects and companies.

Knox Energy Solutions AS Headlines

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