OCI NV (XAMS:OCI) ROCE % : -6.40% (As of Dec. 2023)

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What is OCI NV 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. OCI NV's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.40%.

OCI NV ROCE % Historical Data

The historical data trend for OCI NV'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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OCI NV ROCE % Chart

OCI NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.39

2.52

21.27

5.18

-7.61

OCI NV 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															-9.98	3.20	5.89	1.68	-6.40

OCI NV ROCE % Calculation

OCI NV'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 )
	=	-425.671	/	( ( (9223.918 - 1905.275)	+	(8229.616 - 4362.261) )	/ 2 )
	=	-425.671	/	( (7318.643	+	3867.355)	/ 2 )
	=	-425.671	/	5592.999
	=	-7.61 %

OCI NV'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 )
	=	-335.62	/	( ( (8870.298 - 2248.519)	+	(8229.616 - 4362.261) )	/ 2 )
	=	-335.62	/	( ( 6621.779	+	3867.355 )	/ 2 )
	=	-335.62	/	5244.567
	=	-6.40 %

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

OCI NV (XAMS:OCI) 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.

OCI NV ROCE % Related Terms

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OCI NV (XAMS:OCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » OCI NV (XAMS:OCI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OCINF:USA OCI:Mexico OCIa:UK 0QGH:UK OIC:Germany

Address

Honthorststraat 19, Amsterdam, NH, NLD, 1071

Website

https://oci-global.com

OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.

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