Orapi (XPAR:ORAP) ROCE % : -22.90% (As of Dec. 2023)

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What is Orapi 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. Orapi's annualized ROCE % for the quarter that ended in Dec. 2023 was -22.90%.

Orapi ROCE % Historical Data

The historical data trend for Orapi'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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Orapi ROCE % Chart

Orapi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.70

17.86

5.85

2.53

-15.85

Orapi 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															3.87	6.49	-1.49	-9.30	-22.90

Orapi ROCE % Calculation

Orapi'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 )
	=	-16.252	/	( ( (191.35 - 86.803)	+	(184.468 - 83.979) )	/ 2 )
	=	-16.252	/	( (104.547	+	100.489)	/ 2 )
	=	-16.252	/	102.518
	=	-15.85 %

Orapi'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 )
	=	-22.98	/	( ( (195.168 - 94.983)	+	(184.468 - 83.979) )	/ 2 )
	=	-22.98	/	( ( 100.185	+	100.489 )	/ 2 )
	=	-22.98	/	100.337
	=	-22.90 %

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

Orapi (XPAR:ORAP) 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.

Orapi ROCE % Related Terms

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Orapi (XPAR:ORAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Orapi SA (XPAR:ORAP) » Definitions » ROCE %

Comparable Companies

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N/A

Address

225 Allee Des Cedres, Park Industriel De La Olaine de L'ain, Saint-Vulbas, FRA, 01150

Website

http://www.orapi.com

Orapi SA is a France-based company. It designs, produces and distributes consumable solutions for health and industrial maintenance. The company designs, manufactures and markets consumable products intended for servicing, maintaining, & repairing equipment & machinery.

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