Suntrade Group AB (XSAT:STRD B) ROCE % : -92.98% (As of Nov. 2024)

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What is Suntrade Group 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. Suntrade Group AB's annualized ROCE % for the quarter that ended in Nov. 2024 was -92.98%.

Suntrade Group AB ROCE % Historical Data

The historical data trend for Suntrade Group 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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Suntrade Group AB ROCE % Chart

Suntrade Group AB Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

ROCE %

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-47.26

-144.44

-108.68

-348.71

Suntrade Group AB Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
ROCE %	Get a 7-Day Free Trial															-	-200.87	-243.12	-4,430.41	-92.98

Suntrade Group AB ROCE % Calculation

Suntrade Group AB's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	-2.057	/	( ( (0.729 - 1.069)	+	(0.117 - 0.525) )	/ 2 )
	=	-2.057	/	( (-0.34	+	-0.408)	/ 2 )
	=	-2.057	/	-0.374
	=	550.00 %

Suntrade Group AB's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	-4.736	/	( ( (0.117 - 0.525)	+	(12.682 - 2.087) )	/ 2 )
	=	-4.736	/	( ( -0.408	+	10.595 )	/ 2 )
	=	-4.736	/	5.0935
	=	-92.98 %

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

Suntrade Group AB (XSAT:STRD B) 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.

Suntrade Group AB ROCE % Related Terms

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Suntrade Group AB Business Description

Industry

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Traded in Other Exchanges

8LU:Germany

Address

Sven Hultins gata 9C, Goteborg, SWE, 412 58

Website

http://www.taurusenergy.eu

Suntrade Group AB Formerly Taurus Energy AB is engaged in a commercial development project involving ethanol production from forestry and agricultural waste. Its product includes XyloFerm a robust prototrophic yeast strain for producing ethanol from C6 and xylose streams. Its products are marketed and distributed in United States by Lallemand Biofuels & Distilled Spirits.

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