SeaTwirl AB (OSTO:STW) ROCE % : -12.90% (As of Mar. 2024)

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What is SeaTwirl 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. SeaTwirl AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -12.90%.

SeaTwirl AB ROCE % Historical Data

The historical data trend for SeaTwirl 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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SeaTwirl AB ROCE % Chart

SeaTwirl AB Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Dec22

Dec23

ROCE %

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-18.31

-36.19

-36.46

-35.03

-14.12

SeaTwirl AB Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-14.82	-12.03	-11.46	-9.75	-12.90

SeaTwirl AB ROCE % Calculation

SeaTwirl 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 )
	=	-16.987	/	( ( (109.534 - 17.419)	+	(165.108 - 16.607) )	/ 2 )
	=	-16.987	/	( (92.115	+	148.501)	/ 2 )
	=	-16.987	/	120.308
	=	-14.12 %

SeaTwirl AB's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-18.848	/	( ( (165.108 - 16.607)	+	(156.709 - 12.929) )	/ 2 )
	=	-18.848	/	( ( 148.501	+	143.78 )	/ 2 )
	=	-18.848	/	146.1405
	=	-12.90 %

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

SeaTwirl AB (OSTO:STW) 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.

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SeaTwirl AB (OSTO:STW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SeaTwirl AB (OSTO:STW) » Definitions » ROCE %

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AT9:Germany

Address

Erik Dahlbergsgatan 11A, Gothenburg, SWE, 41126

Website

http://www.seatwirl.com

SeaTwirl AB is a turbine manufacturing company. It is engaged in developing a new type of floating wind turbine customized for the ocean. The company uses a vertical axis wind turbine with a tower that is attached to a floating structure that stretches deep below the water's surface.

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