Bure Equity AB (OSTO:BURE) ROCE % : 57.95% (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Bure Equity AB 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. Bure Equity AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 57.95%.

Bure Equity AB ROCE % Historical Data

The historical data trend for Bure Equity AB'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.

Bure Equity AB ROCE % Chart

Bure Equity AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

36.60

20.97

30.48

-47.85

28.13

Bure Equity AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															61.27	16.88	-32.61	67.36	57.95

Bure Equity AB ROCE % Calculation

Bure Equity AB'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 )
	=	4749	/	( ( (14643 - 23)	+	(19188 - 39) )	/ 2 )
	=	4749	/	( (14620	+	19149)	/ 2 )
	=	4749	/	16884.5
	=	28.13 %

Bure Equity AB'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	11960	/	( ( (19188 - 39)	+	(22173 - 48) )	/ 2 )
	=	11960	/	( ( 19149	+	22125 )	/ 2 )
	=	11960	/	20637
	=	57.95 %

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

Bure Equity AB (OSTO:BURE) 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.

Bure Equity AB ROCE % Related Terms

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

Bure Equity AB (OSTO:BURE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bure Equity AB (OSTO:BURE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0N7D:UK

Address

Nybrogatan 6, Stockholm, SWE, SE-114 34

Website

https://www.bure.se

Bure Equity AB is a Sweden-based investment company. The foundation of the company's business model is far-reaching engagement and a strong presence in the portfolio companies. The company specializes in long-term owning, developing, as well as disposing of listed and unlisted operating entities. Bure's objectives are to be a profitable investment for shareholders and to be a competitive investment alternative in the market.

Bure Equity AB (OSTO:BURE) Headlines

No Headlines