Geocomplex AS (XBRA:1GEC01AE) ROCE % : -44.78% (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Geocomplex 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. Geocomplex AS's annualized ROCE % for the quarter that ended in Dec. 2023 was -44.78%.

Geocomplex AS ROCE % Historical Data

The historical data trend for Geocomplex 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.

* Premium members only.

Geocomplex AS ROCE % Chart

Geocomplex AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-10.66

-17.26

-18.65

-29.65

-34.51

Geocomplex AS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-19.59	-22.63	-37.28	-26.36	-44.78

Geocomplex AS ROCE % Calculation

Geocomplex 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 )
	=	-423.612	/	( ( (1402.608 - 31.227)	+	(1188.436 - 104.997) )	/ 2 )
	=	-423.612	/	( (1371.381	+	1083.439)	/ 2 )
	=	-423.612	/	1227.41
	=	-34.51 %

Geocomplex 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-509.376	/	( ( (1260.42 - 68.914)	+	(1188.436 - 104.997) )	/ 2 )
	=	-509.376	/	( ( 1191.506	+	1083.439 )	/ 2 )
	=	-509.376	/	1137.4725
	=	-44.78 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Geocomplex AS (XBRA:1GEC01AE) 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.

Geocomplex AS ROCE % Related Terms

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

Geocomplex AS (XBRA:1GEC01AE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Geocomplex AS (XBRA:1GEC01AE) » Definitions » ROCE %

Comparable Companies

BOM:531771 BOM:532975 BOM:541151 WAR:BHX WAR:STS XSAT:ACOS XSAT:MIR HKSE:08218 NGM:SARS NGM:RAYTL

Traded in Other Exchanges

N/A

Address

Grosslingova 45, Bratislava, SVK, 81109

Website

http://www.geocomplex.sk

Geocomplex AS operates as a geological survey company in Slovakia. The company geophysical methods include gravimetric, geomagnetic, geoelectric, gasometric, seismic and special geophysical methods.

Geocomplex AS (XBRA:1GEC01AE) Headlines

No Headlines