LiveWire Group (FRA:P9N) ROCE % : -59.05% (As of Mar. 2024)

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What is LiveWire Group 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. LiveWire Group's annualized ROCE % for the quarter that ended in Mar. 2024 was -59.05%.

LiveWire Group ROCE % Historical Data

The historical data trend for LiveWire Group'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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LiveWire Group ROCE % Chart

LiveWire Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-456.81

-273.63

-44.96

-40.06

LiveWire Group Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial									-32.27	-57.09	-22.60	-55.61	-59.05

LiveWire Group ROCE % Calculation

LiveWire Group'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 )
	=	-100.386	/	( ( (332.104 - 32.514)	+	(244.057 - 42.426) )	/ 2 )
	=	-100.386	/	( (299.59	+	201.631)	/ 2 )
	=	-100.386	/	250.6105
	=	-40.06 %

LiveWire Group's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-111.952	/	( ( (244.057 - 42.426)	+	(218.121 - 40.602) )	/ 2 )
	=	-111.952	/	( ( 201.631	+	177.519 )	/ 2 )
	=	-111.952	/	189.575
	=	-59.05 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

LiveWire Group (FRA:P9N) 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.

LiveWire Group ROCE % Related Terms

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LiveWire Group (FRA:P9N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LiveWire Group Inc (FRA:P9N) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LVWR:USA

Address

3700 West Juneau Avenue, Milwaukee, WI, USA, 53208

Website

https://www.livewire.com

LiveWire Group Inc is an all-electric vehicle company. It sells electric vehicles and related parts and accessories and apparel in the United States and certain international markets. The company's segment includes Electric Motorcycles and STACYC. LiveWire generates revenue from the sale of electric motorcycles, electric balance bikes, related P&A, and apparel.

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