Biomass Energy Project (WAR:BEP) ROCE % : 0.97% (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Biomass Energy Project 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. Biomass Energy Project's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.97%.

Biomass Energy Project ROCE % Historical Data

The historical data trend for Biomass Energy Project'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.

Biomass Energy Project ROCE % Chart

Biomass Energy Project Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

3.77

2.98

3.82

9.79

-6.10

Biomass Energy Project Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															-26.07	2.40	0.64	7.86	0.97

Biomass Energy Project ROCE % Calculation

Biomass Energy Project'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 )
	=	-1.845	/	( ( (41.872 - 10.695)	+	(36.261 - 6.919) )	/ 2 )
	=	-1.845	/	( (31.177	+	29.342)	/ 2 )
	=	-1.845	/	30.2595
	=	-6.10 %

Biomass Energy Project's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	0.296	/	( ( (40.507 - 12.856)	+	(38.994 - 5.711) )	/ 2 )
	=	0.296	/	( ( 27.651	+	33.283 )	/ 2 )
	=	0.296	/	30.467
	=	0.97 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Biomass Energy Project (WAR:BEP) 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.

Biomass Energy Project ROCE % Related Terms

Thank you for viewing the detailed overview of Biomass Energy Project's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Biomass Energy Project (WAR:BEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Biomass Energy Project SA (WAR:BEP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Filtrowa 27, Bydgoszcz, POL, 85-467

Website

http://www.bep-sa.eu

Biomass Energy Project SA involves in the production & sale of seedlings; biomass production and marketing; plantation establishment for external entities; and preparation of land for cultivation for external entities.