Lokotech Group AS (OSL:LOKO) ROCE % : -88.37% (As of Dec. 2023)

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What is Lokotech Group AS 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. Lokotech Group AS's annualized ROCE % for the quarter that ended in Dec. 2023 was -88.37%.

Lokotech Group AS ROCE % Historical Data

The historical data trend for Lokotech Group AS'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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Lokotech Group AS ROCE % Chart

Lokotech Group AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-4.62

-4.30

-56.12

-20.72

-44.66

Lokotech Group AS Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				-41.48	-37.98	-5.46	-4.33	-88.37

Lokotech Group AS ROCE % Calculation

Lokotech Group AS'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 )
	=	-27.73	/	( ( (76.471 - 2.468)	+	(53.718 - 3.542) )	/ 2 )
	=	-27.73	/	( (74.003	+	50.176)	/ 2 )
	=	-27.73	/	62.0895
	=	-44.66 %

Lokotech Group AS'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-52.378	/	( ( (70.29 - 1.918)	+	(53.718 - 3.542) )	/ 2 )
	=	-52.378	/	( ( 68.372	+	50.176 )	/ 2 )
	=	-52.378	/	59.274
	=	-88.37 %

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

Lokotech Group AS (OSL:LOKO) 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.

Lokotech Group AS ROCE % Related Terms

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Lokotech Group AS (OSL:LOKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lokotech Group AS (OSL:LOKO) » Definitions » ROCE %

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Traded in Other Exchanges

7EW:Germany

Address

St. Olavsgate 21B, Oslo, NOR, 0165

Website

https://www.lokotechgroup.com

Lokotech Group AS is a hardware and software company specializing in supercomputer development. The company focuses on environmental improvements (reducing energy waste and CO2 emissions) in the blockchain industry. Its low energy microchips may potentially also be used in Artificial Intelligence (AI).

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