Standard Supply AS (OSL:STSU) ROCE % : 131.33% (As of Dec. 2023)

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What is Standard Supply AS 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. Standard Supply AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 131.33%.

Standard Supply AS ROCE % Historical Data

The historical data trend for Standard Supply AS'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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Standard Supply AS ROCE % Chart

Standard Supply AS Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-11.03

3.63

45.32

Standard Supply AS Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial					-2.32	-2.36	18.62	35.93	131.33

Standard Supply AS ROCE % Calculation

Standard Supply AS'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 )
	=	444.172	/	( ( (939.054 - 31.616)	+	(1125.368 - 72.654) )	/ 2 )
	=	444.172	/	( (907.438	+	1052.714)	/ 2 )
	=	444.172	/	980.076
	=	45.32 %

Standard Supply AS'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 )
	=	1288.208	/	( ( (959.292 - 50.149)	+	(1125.368 - 72.654) )	/ 2 )
	=	1288.208	/	( ( 909.143	+	1052.714 )	/ 2 )
	=	1288.208	/	980.9285
	=	131.33 %

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

Standard Supply AS (OSL:STSU) 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.

Standard Supply AS ROCE % Related Terms

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Standard Supply AS (OSL:STSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Standard Supply AS (OSL:STSU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

D6Z:Germany

Address

Sjolyst Plass 2, Oslo, NOR, 0278

Website

https://www.standard-supply.com

Standard Supply AS is a holding company for companies holding various offshore support vessels focusing on operations in the North Sea region. The company owns approximately a fleet of 8 platform supply vessels (3 wholly owned and 5 partially owned through Northern Supply AS), serving the offshore oil & gas industry. It engages in acquiring and operating offshore supply vessels , also through active investments and investment in vessels, and other investments.

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