Odico A/S (OCSE:ODICO) ROCE % : 0.00% (As of Jun. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Odico A/S 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. Odico A/S's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

Odico A/S ROCE % Historical Data

The historical data trend for Odico A/S'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.

Odico A/S ROCE % Chart

Odico A/S Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-28.02

-39.74

-17.95

-25.32

-68.64

Odico A/S Semi-Annual Data
	Jun16	Jun17	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial							-	-	-	-	-

Odico A/S ROCE % Calculation

Odico A/S's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-20.412	/	( ( (49.128 - 8.976)	+	(29.704 - 10.377) )	/ 2 )
	=	-20.412	/	( (40.152	+	19.327)	/ 2 )
	=	-20.412	/	29.7395
	=	-68.64 %

Odico A/S's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	0	/	( ( (0 - 0)	+	(29.704 - 10.377) )	/ 1 )
	=	0	/	( ( 0	+	19.327 )	/ 1 )
	=	0	/	19.327
	=	0.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Odico A/S (OCSE:ODICO) 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.

Odico A/S ROCE % Related Terms

Thank you for viewing the detailed overview of Odico A/S's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Odico A/S (OCSE:ODICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Odico A/S (OCSE:ODICO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oslogade 1, Odense C, DNK, 5000

Website

https://www.odico.dk

Odico A/S is a Denmark-based formwork technology developer. The company is engaged in the development, production, and sale of tailored robotic solutions for the construction and building industry. It services include consulting, prototyping and formwork production. Its products include plugs and molds for the Composite -and concrete industry, cut and milled figures, letters for signs, windbreakers, and display podiums.

Odico A/S (OCSE:ODICO) Headlines

No Headlines