Aker Solutions ASA (OSL:AKSO) ROCE % : -11.14% (As of Dec. 2023)

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What is Aker Solutions 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. Aker Solutions ASA's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.14%.

Aker Solutions ASA ROCE % Historical Data

The historical data trend for Aker Solutions 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.

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Aker Solutions ASA ROCE % Chart

Aker Solutions ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.45

-4.43

5.94

1.62

1.68

Aker Solutions ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															6.16	12.07	-8.45	17.85	-11.14

Aker Solutions ASA ROCE % Calculation

Aker Solutions 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 )
	=	322	/	( ( (33088 - 17679)	+	(41253 - 18226) )	/ 2 )
	=	322	/	( (15409	+	23027)	/ 2 )
	=	322	/	19218
	=	1.68 %

Aker Solutions 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 )
	=	-2198	/	( ( (38185 - 21752)	+	(41253 - 18226) )	/ 2 )
	=	-2198	/	( ( 16433	+	23027 )	/ 2 )
	=	-2198	/	19730
	=	-11.14 %

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

Aker Solutions ASA (OSL:AKSO) 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.

Aker Solutions ASA ROCE % Related Terms

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Aker Solutions ASA (OSL:AKSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker Solutions ASA (OSL:AKSO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AKSOo:Sweden AKSOo:UK 0QXP:UK 1AKA:Germany

Address

Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366

Website

https://www.akersolutions.com

Aker Solutions ASA delivers integrated solutions, products, and services to the global energy industry. The company offers low-carbon oil and gas solutions and develops renewable solutions. Aker Solutions serves customers worldwide. Its reporting segments include Renewables and Field Development segment, the Electrification, Maintenance and Modifications (EMM) segment, Subsea segment, and Other.

Aker Solutions ASA (OSL:AKSO) Headlines

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