Aqua Bounty Technologies (LSE:ABTX) ROCE % : -18.57% (As of Dec. 2023)

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

What is Aqua Bounty Technologies 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. Aqua Bounty Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was -18.57%.

Aqua Bounty Technologies ROCE % Historical Data

The historical data trend for Aqua Bounty Technologies'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.

Aqua Bounty Technologies ROCE % Chart

Aqua Bounty Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-46.81

-21.24

-12.76

-10.87

-14.38

Aqua Bounty Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-11.44	-13.17	-13.35	-13.37	-18.57

Aqua Bounty Technologies ROCE % Calculation

Aqua Bounty Technologies'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 )
	=	-21.531	/	( ( (175.563 - 12.668)	+	(148.165 - 11.513) )	/ 2 )
	=	-21.531	/	( (162.895	+	136.652)	/ 2 )
	=	-21.531	/	149.7735
	=	-14.38 %

Aqua Bounty Technologies'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-26.28	/	( ( (155.577 - 9.199)	+	(148.165 - 11.513) )	/ 2 )
	=	-26.28	/	( ( 146.378	+	136.652 )	/ 2 )
	=	-26.28	/	141.515
	=	-18.57 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Aqua Bounty Technologies (LSE:ABTX) 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.

Aqua Bounty Technologies ROCE % Related Terms

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

Aqua Bounty Technologies (LSE:ABTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Aqua Bounty Technologies Inc (LSE:ABTX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AQB:USA

Address

2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754

Website

https://www.aquabounty.com

AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.