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Acron PJSC (MIC:AKRN) ROCE % : 14.21% (As of Sep. 2023)


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What is Acron PJSC 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. Acron PJSC's annualized ROCE % for the quarter that ended in Sep. 2023 was 14.21%.


Acron PJSC ROCE % Historical Data

The historical data trend for Acron PJSC'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.

Acron PJSC ROCE % Chart

Acron PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.96 19.97 5.31 63.82 49.63

Acron PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 36.46 11.66 14.21

Acron PJSC ROCE % Calculation

Acron PJSC'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 )
=95804.111/( ( (0 - 0) + (235087.111 - 42040.921) )/ 1 )
=95804.111/( (0+193046.19)/ 1 )
=95804.111/193046.19
=49.63 %

Acron PJSC'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 )
=39698.644/( ( (353100 - 35496) + (281949.929 - 40707.132) )/ 2 )
=39698.644/( ( 317604 + 241242.797 )/ 2 )
=39698.644/279423.3985
=14.21 %

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

* 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.


Acron PJSC  (MIC:AKRN) 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.


Acron PJSC ROCE % Related Terms

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Acron PJSC (MIC:AKRN) Business Description

Traded in Other Exchanges
N/A
Address
12 Krasnopresnenskaya Naberezhnaya, World Trade Centre, Moscow, RUS, 123610
Acron PJSC is a Russian fertilizer producer and distributer to the agricultural industry globally. The company's segments are organized based on activity. Its segments include Acron (chemical production), Dorogobuzh (chemical production), logistics, trading, mining, and others. The company generates the vast majority of revenue through its trading and chemical production businesses. Through its large distribution and logistics activities, the company generates revenue in over 75 countries, with its largest markets being Latin America, Europe, and Russia.

Acron PJSC (MIC:AKRN) Headlines

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