Groupe Tera (XPAR:ALGTR) ROCE % : -32.81% (As of Dec. 2023)

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What is Groupe Tera 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. Groupe Tera's annualized ROCE % for the quarter that ended in Dec. 2023 was -32.81%.

Groupe Tera ROCE % Historical Data

The historical data trend for Groupe Tera'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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Groupe Tera ROCE % Chart

Groupe Tera Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.90

-12.12

1.06

-3.79

-18.47

Groupe Tera Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							5.65	-6.05	-1.76	-18.82	-32.81

Groupe Tera ROCE % Calculation

Groupe Tera'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 )
	=	-2.339	/	( ( (15.899 - 3.191)	+	(16.952 - 4.328) )	/ 2 )
	=	-2.339	/	( (12.708	+	12.624)	/ 2 )
	=	-2.339	/	12.666
	=	-18.47 %

Groupe Tera'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 )
	=	-2.968	/	( ( (19.328 - 13.86)	+	(16.952 - 4.328) )	/ 2 )
	=	-2.968	/	( ( 5.468	+	12.624 )	/ 2 )
	=	-2.968	/	9.046
	=	-32.81 %

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

Groupe Tera (XPAR:ALGTR) 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.

Groupe Tera ROCE % Related Terms

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Groupe Tera (XPAR:ALGTR) Business Description

Industry

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Address

628 Rue Charles De Gaulle, Crolles, FRA, 38920

Website

http://www.groupe-tera.com

Groupe Tera SA is engaged in the field of measuring and monitoring air quality. The group works for the environmental, high technology and health sector to assist with the chemical characterisation of environment. It provides both the design of sensors for measuring the air quality and the laboratory analysis of the pollutants in the ambient air and in industrial discharges.

Groupe Tera (XPAR:ALGTR) Headlines

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