Cumulex NV (XBRU:CLEX) ROCE % : 0.00% (As of Jun. 2024)

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What is Cumulex 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. Cumulex NV's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Cumulex NV ROCE % Historical Data

The historical data trend for Cumulex 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.

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Cumulex NV ROCE % Chart

Cumulex NV Annual Data

Trend

Dec14

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Dec22

Dec23

ROCE %

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Cumulex NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Cumulex NV ROCE % Calculation

Cumulex 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 )
	=	-0.152	/	( ( (0 - 2.319)	+	(0 - 2.395) )	/ 2 )
	=	-0.152	/	( (-2.319	+	-2.395)	/ 2 )
	=	-0.152	/	-2.357
	=	6.45 %

Cumulex NV'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 )
	=	-0.064	/	( ( (0 - 2.395)	+	(0.001 - 2.428) )	/ 2 )
	=	-0.064	/	( ( -2.395	+	-2.427 )	/ 2 )
	=	-0.064	/	-2.411
	=	0 %

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

Cumulex NV (XBRU:CLEX) 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.

Cumulex NV ROCE % Related Terms

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Cumulex NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cumulex NV (XBRU:CLEX) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Grensstraat 7, Diegem, BEL, 1831

Website

http://www.cumulex.be

Cumulex NV is a holding company mainly engaged in sugar milling and other sugar-related businesses. Currently, the company has no activities.

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