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Stabilis Solutions (Stabilis Solutions) ROCE % : 8.56% (As of Dec. 2023)


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What is Stabilis Solutions 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. Stabilis Solutions's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.56%.


Stabilis Solutions ROCE % Historical Data

The historical data trend for Stabilis Solutions'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.

Stabilis Solutions ROCE % Chart

Stabilis Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.61 -7.90 -9.06 -0.22 1.01

Stabilis Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.44 7.30 -10.65 -0.80 8.56

Stabilis Solutions ROCE % Calculation

Stabilis Solutions'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 )
=0.703/( ( (96.58 - 27.532) + (81.299 - 11.719) )/ 2 )
=0.703/( (69.048+69.58)/ 2 )
=0.703/69.314
=1.01 %

Stabilis Solutions'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 )
=5.872/( ( (81.083 - 13.422) + (81.299 - 11.719) )/ 2 )
=5.872/( ( 67.661 + 69.58 )/ 2 )
=5.872/68.6205
=8.56 %

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

* 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.


Stabilis Solutions  (NAS:SLNG) 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.


Stabilis Solutions ROCE % Related Terms

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Stabilis Solutions (Stabilis Solutions) Business Description

Traded in Other Exchanges
N/A
Address
11750 Katy Freeway, Suite 900, Houston, TX, USA, 77079
Stabilis Solutions Inc is an energy transition company that provides turnkey clean energy production, storage, transportation, and fueling solutions using liquefied natural gas (LNG) to multiple end markets. The company provides LNG solutions to customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets. It generates revenue by selling and delivering LNG to its customers, renting cryogenic equipment, and providing engineering and field support services. It has a geographical presence in the United States and Mexico.
Executives
Edward L Kuntz director
Ballard Westervelt T. Jr director, officer: President and CEO 601 POYDRAS STREET, SUITE 2400, NEW ORLEANS LA 70130
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Andrew Lewis Puhala officer: Senior Vice President & CFO 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Jch Crenshaw Holdings, Llc director, 10 percent owner 470 ORLEANS ST., 7TH FLOOR, BEAUMONT TX 77701
Benjamin J. Broussard director 1655 LOUISIANA STREET, BEAUMONT TX 77701
James Calvin Reddinger director, officer: Chief Executive Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Stacey B. Crenshaw director, 10 percent owner 10375 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
James George Aivalis officer: Chief Operating Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Mushahid Khan director 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Peter C. Mitchell director 505 FRONT AVENUE, P.O. BOX I, COEUR D'ALENE ID 83816
Will B. Crenshaw director 1655 LOUISIANA STREET, BEAUMONT TX 77701
Lng Investment Company, Llc 10 percent owner 1655 LOUISIANA STREET, BEAUMONT TX 77701
William Charles Miller officer: Chief Operating Officer 102 SENECA PLACE, MARS PA 16046
Peacock James Hoke Ii director C/O M & I ELECTRIC INDUSTRIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087