Bawat Water Technologies AB (OSTO:BAWAT) ROCE % : -56.36% (As of Sep. 2023)

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What is Bawat Water Technologies AB 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. Bawat Water Technologies AB's annualized ROCE % for the quarter that ended in Sep. 2023 was -56.36%.

Bawat Water Technologies AB ROCE % Historical Data

The historical data trend for Bawat Water Technologies AB'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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Bawat Water Technologies AB ROCE % Chart

Bawat Water Technologies AB Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-47.39

-58.92

-97.42

Bawat Water Technologies AB Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial						-61.27	-52.41	-114.38	-75.86	-56.36

Bawat Water Technologies AB ROCE % Calculation

Bawat Water Technologies AB's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-35	/	( ( (52.816 - 14.474)	+	(51.718 - 18.206) )	/ 2 )
	=	-35	/	( (38.342	+	33.512)	/ 2 )
	=	-35	/	35.927
	=	-97.42 %

Bawat Water Technologies AB's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-22.936	/	( ( (60.859 - 14.448)	+	(49.168 - 14.188) )	/ 2 )
	=	-22.936	/	( ( 46.411	+	34.98 )	/ 2 )
	=	-22.936	/	40.6955
	=	-56.36 %

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

Bawat Water Technologies AB (OSTO:BAWAT) 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.

Bawat Water Technologies AB ROCE % Related Terms

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Bawat Water Technologies AB (OSTO:BAWAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bawat Water Technologies AB (OSTO:BAWAT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

M5W:Germany

Address

c/o Advokatfirman Lindahl KB, P.O. Box 5898, Stockholm, SWE, SE-102 40

Website

https://www.bawat.com

Bawat Water Technologies AB markets its patented ballast water management system globally, a cost-efficient, flexible, and sustainable solution to the problem of ballast water treatment.

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