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Croma NV (XAMS:EHCS) ROCE % : 0.00% (As of Dec. 2023)


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What is Croma NV 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. Croma NV's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.


Croma NV ROCE % Historical Data

The historical data trend for Croma NV'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.

Croma NV ROCE % Chart

Croma NV Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
-0.82 -25.58 -

Croma NV Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % -1.63 -0.87 -49.38 - -

Croma NV ROCE % Calculation

Croma NV'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 )
=35.654/( ( (204.855 - 229.438) + (15.884 - 13.983) )/ 2 )
=35.654/( (-24.583+1.901)/ 2 )
=35.654/-11.341
=-314.38 %

Croma NV's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=16.108/( ( (205.738 - 207.899) + (15.884 - 13.983) )/ 2 )
=16.108/( ( -2.161 + 1.901 )/ 2 )
=16.108/-0.13
=0 %

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

* 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.


Croma NV  (XAMS:EHCS) 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.


Croma NV ROCE % Related Terms

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Croma NV (XAMS:EHCS) Business Description

Traded in Other Exchanges
Address
c/o ALR Treuhand GmbH Theresienhohe 28, Munich, BY, DEU, 80338
European Healthcare Acquisition Growth Co BV is a special purpose acquisition company aimed at acquiring companies with principal operations in Europe in the healthcare sector, with a special focus on the subsectors Biotechnology and Specialty Pharma, Pharma Services, Medical Technology and Medical Devices, Diagnostic and Lab Services, Bioinformatics as well as Life Science Tools.

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