Agilyx ASA (OSL:AGLX) ROCE % : -17.05% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Agilyx ASA 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. Agilyx ASA's annualized ROCE % for the quarter that ended in Dec. 2023 was -17.05%.

Agilyx ASA ROCE % Historical Data

The historical data trend for Agilyx ASA'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.

* Premium members only.

Agilyx ASA ROCE % Chart

Agilyx ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-48.47

-49.34

-102.85

-24.17

Agilyx ASA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-73.32	-113.36	-126.90	-179.29	-17.05

Agilyx ASA ROCE % Calculation

Agilyx ASA'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 )
	=	-178.802	/	( ( (242.962 - 106.33)	+	(1374.597 - 31.522) )	/ 2 )
	=	-178.802	/	( (136.632	+	1343.075)	/ 2 )
	=	-178.802	/	739.8535
	=	-24.17 %

Agilyx ASA'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 )
	=	-125.412	/	( ( (259.556 - 131.111)	+	(1374.597 - 31.522) )	/ 2 )
	=	-125.412	/	( ( 128.445	+	1343.075 )	/ 2 )
	=	-125.412	/	735.76
	=	-17.05 %

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

Agilyx ASA (OSL:AGLX) 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.

Agilyx ASA ROCE % Related Terms

Thank you for viewing the detailed overview of Agilyx ASA's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Agilyx ASA (OSL:AGLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Agilyx ASA (OSL:AGLX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AGXXF:USA 5NQ:Germany

Address

13240 SW Wall Street, Tigard, NOR, Oregon

Website

https://www.agilyx.com

Agilyx ASA is a developer of conversion technologies across the value chain intended to offer two molecular recycling product pathways enabling a circular economy for polystyrene and polymethyl methacrylate. The company offers waste sourcing and processing, thereby helping the entire plastic recycling market to convert recycled waste plastics into valuable resources such as oils and chemical substrate products.

Agilyx ASA (OSL:AGLX) Headlines

No Headlines