Satellogic (Satellogic) ROCE % : -67.06% (As of Dec. 2023)

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What is Satellogic 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. Satellogic's annualized ROCE % for the quarter that ended in Dec. 2023 was -67.06%.

Satellogic ROCE % Historical Data

The historical data trend for Satellogic'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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Satellogic ROCE % Chart

Satellogic Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-67.32

-61.48

Satellogic Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				-	-	-40.94	-54.65	-67.06

Satellogic ROCE % Calculation

Satellogic'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 )
	=	-51.885	/	( ( (143.855 - 30.072)	+	(76.382 - 21.392) )	/ 2 )
	=	-51.885	/	( (113.783	+	54.99)	/ 2 )
	=	-51.885	/	84.3865
	=	-61.48 %

Satellogic'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 )
	=	-48.322	/	( ( (108.895 - 19.77)	+	(76.382 - 21.392) )	/ 2 )
	=	-48.322	/	( ( 89.125	+	54.99 )	/ 2 )
	=	-48.322	/	72.0575
	=	-67.06 %

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

Satellogic (NAS:SATL) 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.

Satellogic ROCE % Related Terms

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