Fastned BV (XAMS:FAST) ROCE % : -4.43% (As of Jun. 2023)

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What is Fastned BV 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. Fastned BV's annualized ROCE % for the quarter that ended in Jun. 2023 was -4.43%.

Fastned BV ROCE % Historical Data

The historical data trend for Fastned BV'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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Fastned BV ROCE % Chart

Fastned BV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-14.13

-19.51

-12.36

-13.39

-6.23

Fastned BV Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial							-18.01	-5.49	-7.56	-5.89	-4.43

Fastned BV ROCE % Calculation

Fastned BV'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 )
	=	-14.933	/	( ( (214.603 - 18.518)	+	(315.23 - 31.725) )	/ 2 )
	=	-14.933	/	( (196.085	+	283.505)	/ 2 )
	=	-14.933	/	239.795
	=	-6.23 %

Fastned BV'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 )
	=	-12.824	/	( ( (315.23 - 31.725)	+	(325.957 - 30.629) )	/ 2 )
	=	-12.824	/	( ( 283.505	+	295.328 )	/ 2 )
	=	-12.824	/	289.4165
	=	-4.43 %

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

Fastned BV (XAMS:FAST) 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.

Fastned BV ROCE % Related Terms

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Fastned BV (XAMS:FAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fastned BV (XAMS:FAST) » Definitions » ROCE %

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FSF:Germany

Address

James Wattstraat 77R, Amsterdam, NH, NLD, 1097 DL

Website

https://www.fastned.nl

Fastned BV is engaged in providing fast charging services for electric vehicles. The company's technology is available for all types of electric vehicles such as Tesla Model 3/S/X, Nissan Leaf, BMW i3, and Hyundai Ioniq. The company has operations in the Netherlands, Germany, the United Kingdom, France, Switzerland, and Belgium. The majority of its operations and charging stations are in the Netherlands.