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Eniblock (XPAR:ALENI) ROCE % : -239.87% (As of Dec. 2022)


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What is Eniblock 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. Eniblock's annualized ROCE % for the quarter that ended in Dec. 2022 was -239.87%.


Eniblock ROCE % Historical Data

The historical data trend for Eniblock'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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Eniblock ROCE % Chart

Eniblock Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
17.42 3.28 -239.87

Eniblock Semi-Annual Data
Dec20 Dec21 Dec22
ROCE % 17.42 3.28 -239.87

Eniblock ROCE % Calculation

Eniblock'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 )
=-3.917/( ( (5.518 - 2.908) + (6.714 - 6.058) )/ 2 )
=-3.917/( (2.61+0.656)/ 2 )
=-3.917/1.633
=-239.87 %

Eniblock's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=-3.917/( ( (5.518 - 2.908) + (6.714 - 6.058) )/ 2 )
=-3.917/( ( 2.61 + 0.656 )/ 2 )
=-3.917/1.633
=-239.87 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) 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.


Eniblock  (XPAR:ALENI) 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.


Eniblock ROCE % Related Terms

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Eniblock (XPAR:ALENI) Business Description

Traded in Other Exchanges
N/A
Address
Tour W-102, Terrasses Boieldieu, Puteaux, FRA, 92800
Eniblock SA provides a leading blockchain development platform that empowers entrepreneurs and businesses to build the next generation of Web3 applications.

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