Ratio Energies LP (XTAE:RATI) ROCE % : 23.77% (As of Sep. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Ratio Energies LP 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. Ratio Energies LP's annualized ROCE % for the quarter that ended in Sep. 2024 was 23.77%.

Ratio Energies LP ROCE % Historical Data

The historical data trend for Ratio Energies LP'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.

* Premium members only.

Ratio Energies LP ROCE % Chart

Ratio Energies LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-0.42

6.82

16.12

25.26

21.75

Ratio Energies LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															24.08	17.97	20.67	21.83	23.77

Ratio Energies LP ROCE % Calculation

Ratio Energies LP'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 )
	=	817.047	/	( ( (4020.55 - 390.693)	+	(4180.786 - 297.646) )	/ 2 )
	=	817.047	/	( (3629.857	+	3883.14)	/ 2 )
	=	817.047	/	3756.4985
	=	21.75 %

Ratio Energies LP's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	950.384	/	( ( (4266.554 - 200.339)	+	(4164.514 - 233.757) )	/ 2 )
	=	950.384	/	( ( 4066.215	+	3930.757 )	/ 2 )
	=	950.384	/	3998.486
	=	23.77 %

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

Ratio Energies LP (XTAE:RATI) 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.

Ratio Energies LP ROCE % Related Terms

Thank you for viewing the detailed overview of Ratio Energies LP's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ratio Energies LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ratio Energies LP (XTAE:RATI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Yehuda Ha-levi Street, Tel Aviv, ISR, 6579614

Website

https://www.ratioenergies.com

Ratio Energies LP focuses on the exploration and production of natural gas from the Leviathan reservoir. The company's assets include Leviathan reservoir and Royee. The majority of revenue is derived from Export market.

Ratio Energies LP Headlines

No Headlines