Carbon Revolution (Carbon Revolution) ROCE % : -96.40% (As of Jun. 2023)

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What is Carbon Revolution 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. Carbon Revolution's annualized ROCE % for the quarter that ended in Jun. 2023 was -96.40%.

Carbon Revolution ROCE % Historical Data

The historical data trend for Carbon Revolution'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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Carbon Revolution ROCE % Chart

Carbon Revolution Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

-29.30

-33.30

-66.36

Carbon Revolution Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	-	-28.73	-41.14	-51.52	-96.40

Carbon Revolution ROCE % Calculation

Carbon Revolution's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-50.748	/	( ( (101.462 - 24.184)	+	(106.266 - 30.585) )	/ 2 )
	=	-50.748	/	( (77.278	+	75.681)	/ 2 )
	=	-50.748	/	76.4795
	=	-66.36 %

Carbon Revolution's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-66.002	/	( ( (85.744 - 24.487)	+	(106.266 - 30.585) )	/ 2 )
	=	-66.002	/	( ( 61.257	+	75.681 )	/ 2 )
	=	-66.002	/	68.469
	=	-96.40 %

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

Carbon Revolution (NAS:CREV) 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.

Carbon Revolution ROCE % Related Terms

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Carbon Revolution (Carbon Revolution) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carbon Revolution PLC (NAS:CREV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ten Earlsfort Terrace, Dublin 2, IRL, D02 T380

Website

https://www.carbonrev.com

Carbon Revolution PLC is an Australian-based technology company manufacturing carbon fiber wheels. It is an OEM supplier and a world-wide manufacturer of lightweight technology carbon fibre wheels to the automotive industry. The Company supplies wheels to OEMs across the globe for luxury and high-performance vehicles and SUVs, and is developing wheels for electric vehicles under contract for its OEM customers. The company generates maximum revenue Internationally.

Carbon Revolution (Carbon Revolution) Headlines

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