LiqTech International (STU:39J0) ROCE % : -49.11% (As of Dec. 2023)

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What is LiqTech International 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. LiqTech International's annualized ROCE % for the quarter that ended in Dec. 2023 was -49.11%.

LiqTech International ROCE % Historical Data

The historical data trend for LiqTech International'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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LiqTech International ROCE % Chart

LiqTech International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.31

-32.06

-35.97

-46.26

-27.16

LiqTech International 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															-52.58	-27.74	-18.25	-17.70	-49.11

LiqTech International ROCE % Calculation

LiqTech International'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 )
	=	-7.91	/	( ( (37.879 - 5.745)	+	(32.986 - 6.877) )	/ 2 )
	=	-7.91	/	( (32.134	+	26.109)	/ 2 )
	=	-7.91	/	29.1215
	=	-27.16 %

LiqTech International'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 )
	=	-13.108	/	( ( (34.518 - 7.242)	+	(32.986 - 6.877) )	/ 2 )
	=	-13.108	/	( ( 27.276	+	26.109 )	/ 2 )
	=	-13.108	/	26.6925
	=	-49.11 %

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

LiqTech International (STU:39J0) 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.

LiqTech International ROCE % Related Terms

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LiqTech International (STU:39J0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LiqTech International Inc (STU:39J0) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LIQT:USA

Address

Industriparken 22C, Ballerup, DNK, DK 2750

Website

https://www.liqtech.com

LiqTech International Inc is a clean technology company which provides technology for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company is engaged in three businesses that are diesel particulate filters (DPF) for the control of soot from diesel engines, turnkey ceramic membranes systems, and complete water treatment plants. The company's product portfolio consists of ceramic silicon membranes for liquid filtration, diesel particulate filters, and kiln furniture. Its operating segment includes Water, Ceramics, and Plastics. The company generates maximum revenue from Ceramics segment. Geographically, it derives a majority of its revenue from Europe.

LiqTech International (STU:39J0) Headlines

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