Isbir Sentetik Dokumanayi AS (IST:ISSEN) ROCE % : 53.78% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Isbir Sentetik Dokumanayi AS 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. Isbir Sentetik Dokumanayi AS's annualized ROCE % for the quarter that ended in Sep. 2023 was 53.78%.

Isbir Sentetik Dokumanayi AS ROCE % Historical Data

The historical data trend for Isbir Sentetik Dokumanayi AS'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.

Isbir Sentetik Dokumanayi AS ROCE % Chart

Isbir Sentetik Dokumanayi AS Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

34.31

32.04

32.12

Isbir Sentetik Dokumanayi AS Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial							99.33	19.66	16.54	63.21	53.78

Isbir Sentetik Dokumanayi AS ROCE % Calculation

Isbir Sentetik Dokumanayi AS'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 )
	=	454.131	/	( ( (1507.526 - 615.202)	+	(2715.2 - 779.475) )	/ 2 )
	=	454.131	/	( (892.324	+	1935.725)	/ 2 )
	=	454.131	/	1414.0245
	=	32.12 %

Isbir Sentetik Dokumanayi AS's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	1097.024	/	( ( (2831.33 - 838.811)	+	(3020.906 - 933.846) )	/ 2 )
	=	1097.024	/	( ( 1992.519	+	2087.06 )	/ 2 )
	=	1097.024	/	2039.7895
	=	53.78 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Isbir Sentetik Dokumanayi AS (IST:ISSEN) 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.

Isbir Sentetik Dokumanayi AS ROCE % Related Terms

Thank you for viewing the detailed overview of Isbir Sentetik Dokumanayi AS's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Isbir Sentetik Dokumanayi AS (IST:ISSEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Isbir Sentetik Dokuma Sanayi AS (IST:ISSEN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cayirhisar Mah. Yeni Izmir Cad, No:29 Altieylul, Balikesir, TUR

Website

https://www.isbirsentetik.com

Isbir Sentetik Dokuma Sanayi AS is engaged in manufacturing textile products. Its offerings include Big Bag, Carpet Base, Big Bag Fabrics, Mask, and PE Film.

Isbir Sentetik Dokumanayi AS (IST:ISSEN) Headlines

No Headlines