Vultus AB (XSAT:VULTS) ROCE % : -235.15% (As of Jun. 2024)

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What is Vultus 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. Vultus AB's annualized ROCE % for the quarter that ended in Jun. 2024 was -235.15%.

Vultus AB ROCE % Historical Data

The historical data trend for Vultus 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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Vultus AB ROCE % Chart

Vultus AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-36.48

-46.54

-98.63

-157.89

Vultus AB Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial									-203.67	-343.62	-188.90	-164.36	-235.15

Vultus AB ROCE % Calculation

Vultus AB'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 )
	=	-9.68	/	( ( (8.606 - 1.542)	+	(6.93 - 1.732) )	/ 2 )
	=	-9.68	/	( (7.064	+	5.198)	/ 2 )
	=	-9.68	/	6.131
	=	-157.89 %

Vultus AB'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: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-7.064	/	( ( (5.334 - 1.907)	+	(5.342 - 2.761) )	/ 2 )
	=	-7.064	/	( ( 3.427	+	2.581 )	/ 2 )
	=	-7.064	/	3.004
	=	-235.15 %

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

Vultus AB (XSAT:VULTS) 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.

Vultus AB ROCE % Related Terms

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Vultus AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vultus AB (XSAT:VULTS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

V06:Germany

Address

Scheelevagen 15, Lund, SWE, 223 63

Website

https://www.vultus.se

Vultus AB is an IT company. The company specializes in the development of digital platforms. The digital solutions consist, for example, of a fertilizer guide for farmers. Based on satellite and weather data, field-specific maps are created for spreading fertilizer, unique to the different needs of each field. Its products comprise of Nitrogen Prescriptions, Crop Specific Plant Health, Water Stress, and Soil Moisture.

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