RanMarine Technology BV (RanMarine Technology BV) ROCE % : 0.00% (As of Jun. 2023)

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What is RanMarine Technology BV 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. RanMarine Technology BV's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

RanMarine Technology BV ROCE % Historical Data

The historical data trend for RanMarine Technology BV'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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RanMarine Technology BV ROCE % Chart

RanMarine Technology BV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

-329.73

RanMarine Technology BV Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-

RanMarine Technology BV ROCE % Calculation

RanMarine Technology BV'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 )
	=	-0.324	/	( ( (1.191 - 1.055)	+	(1.728 - 5.109) )	/ 2 )
	=	-0.324	/	( (0.136	+	-3.381)	/ 2 )
	=	-0.324	/	-1.6225
	=	19.97 %

RanMarine Technology BV's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	0	/	( ( (1.728 - 5.109)	+	(1.963 - 9.091) )	/ 2 )
	=	0	/	( ( -3.381	+	-7.128 )	/ 2 )
	=	0	/	-5.2545
	=	0 %

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

RanMarine Technology BV (NAS:RAN) 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.

RanMarine Technology BV ROCE % Related Terms

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RanMarine Technology BV (RanMarine Technology BV) Business Description

Industry

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Address

Website

https://www.ranmarine.io

RanMarine Technology BV is a pioneering company specializing in the design and development of advanced technologies, including autonomous surface vessels (ASVs) for the efficient cleanup of pollution, bio-waste, and debris in various aquatic environments and waterways.

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