Renewable Ventures Nordic AB (XSAT:RVN) ROCE % : -3.46% (As of Dec. 2024)

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What is Renewable Ventures Nordic AB 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. Renewable Ventures Nordic AB's annualized ROCE % for the quarter that ended in Dec. 2024 was -3.46%.

Renewable Ventures Nordic AB ROCE % Historical Data

The historical data trend for Renewable Ventures Nordic AB'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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Renewable Ventures Nordic AB ROCE % Chart

Renewable Ventures Nordic AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

5.93

6.49

-9.30

-8.20

-4.31

Renewable Ventures Nordic AB Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial											-6.18	-4.62	-4.38	-3.01	-3.46

Renewable Ventures Nordic AB ROCE % Calculation

Renewable Ventures Nordic AB's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-1.396	/	( ( (38.034 - 0.143)	+	(27.057 - 0.145) )	/ 2 )
	=	-1.396	/	( (37.891	+	26.912)	/ 2 )
	=	-1.396	/	32.4015
	=	-4.31 %

Renewable Ventures Nordic AB's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-1	/	( ( (31.129 - 0.169)	+	(27.057 - 0.145) )	/ 2 )
	=	-1	/	( ( 30.96	+	26.912 )	/ 2 )
	=	-1	/	28.936
	=	-3.46 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Renewable Ventures Nordic AB (XSAT:RVN) 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.

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Renewable Ventures Nordic AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Renewable Ventures Nordic AB (XSAT:RVN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

X72:Germany

Address

Humlegardsgatan 4, Stockholm, SWE, S-114 46

Website

https://www.reventures.se

Renewable Ventures Nordic AB is an investment company. It invests in small unlisted and listed innovative environmental technology companies.

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