Donegal Investment Group (DUB:DQ7A) ROCE % : -5.88% (As of Aug. 2023)

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What is Donegal Investment Group 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. Donegal Investment Group's annualized ROCE % for the quarter that ended in Aug. 2023 was -5.88%.

Donegal Investment Group ROCE % Historical Data

The historical data trend for Donegal Investment Group'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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Donegal Investment Group ROCE % Chart

Donegal Investment Group Annual Data

Trend

Dec13

Dec14

Dec15

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

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7.74

5.27

8.21

-0.41

9.79

Donegal Investment Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
ROCE %	Get a 7-Day Free Trial															-2.30	7.73	-11.04	26.06	-5.88

Donegal Investment Group ROCE % Calculation

Donegal Investment Group's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	1.491	/	( ( (21.89 - 7.853)	+	(19.654 - 3.241) )	/ 2 )
	=	1.491	/	( (14.037	+	16.413)	/ 2 )
	=	1.491	/	15.225
	=	9.79 %

Donegal Investment Group's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2023 )		(Q: Feb. 2023 )		(Q: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2023 )		(Q: Feb. 2023 )		(Q: Aug. 2023 )
	=	-0.958	/	( ( (32.717 - 16.518)	+	(19.654 - 3.241) )	/ 2 )
	=	-0.958	/	( ( 16.199	+	16.413 )	/ 2 )
	=	-0.958	/	16.306
	=	-5.88 %

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

Donegal Investment Group (DUB:DQ7A) 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.

Donegal Investment Group ROCE % Related Terms

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Donegal Investment Group (DUB:DQ7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Donegal Investment Group PLC (DUB:DQ7A) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Ballyraine, Co. Donegal, Letterkenny, IRL

Website

http://www.donegaligroup.com

Donegal Investment Group PLC is engaged in the development, purchase, and sale of seed potatoes and the rental and sale of property assets. Its only segment being Produce. The Group operates in three geographical segments: Ireland; Europe and the Rest of the World; generating a vast majority of its revenue within Ireland.

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