EQT AB (OSTO:EQT) ROCE % : 4.80% (As of Dec. 2023)

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What is EQT 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. EQT AB's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.80%.

EQT AB ROCE % Historical Data

The historical data trend for EQT 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.

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EQT AB ROCE % Chart

EQT AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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21.67

24.95

36.46

5.02

3.44

EQT AB Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									30.38	12.07	1.13	2.11	4.80

EQT AB ROCE % Calculation

EQT 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 )
	=	3316.661	/	( ( (105567.567 - 7486.672)	+	(103004.425 - 8185.945) )	/ 2 )
	=	3316.661	/	( (98080.895	+	94818.48)	/ 2 )
	=	3316.661	/	96449.6875
	=	3.44 %

EQT AB'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 )
	=	4642.208	/	( ( (107107.625 - 8377.263)	+	(103004.425 - 8185.945) )	/ 2 )
	=	4642.208	/	( ( 98730.362	+	94818.48 )	/ 2 )
	=	4642.208	/	96774.421
	=	4.80 %

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

EQT AB (OSTO:EQT) 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.

EQT AB ROCE % Related Terms

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EQT AB (OSTO:EQT) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

EQBBF:USA EQTs:UK 0AAZ:UK 6EQ:Germany 6EQ:Germany 6EQ:Germany

Address

Regeringsgatan 25, Stockholm, SWE, SE-111 53

Website

https://www.eqtgroup.com

EQT AB is an investment management company. The company manages and advises investment funds and other investment units investing worldwide with the goal of creating attractive returns and future-proof companies. It has two business segments namely, Private Capital and Real Assets. It generates maximum revenue from Private Capital segment. Geographically, it has a presence in Germany; Norway; Denmark; Netherlands; Singapore, and other countries.