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Izhstal PAO (MIC:IGST) ROCE % : 0.00% (As of Dec. 2021)


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What is Izhstal PAO 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. Izhstal PAO's annualized ROCE % for the quarter that ended in Dec. 2021 was 0.00%.


Izhstal PAO ROCE % Historical Data

The historical data trend for Izhstal PAO'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.

Izhstal PAO ROCE % Chart

Izhstal PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.57 -59.30 479.85 - -

Izhstal PAO Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.57 -59.30 479.85 - -

Izhstal PAO ROCE % Calculation

Izhstal PAO's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=2769.183/( ( (8449.344 - 12114.768) + (12699.685 - 11942.417) )/ 2 )
=2769.183/( (-3665.424+757.268)/ 2 )
=2769.183/-1454.078
=-190.44 %

Izhstal PAO's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=2769.183/( ( (8449.344 - 12114.768) + (12699.685 - 11942.417) )/ 2 )
=2769.183/( ( -3665.424 + 757.268 )/ 2 )
=2769.183/-1454.078
=0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2021) 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.


Izhstal PAO  (MIC:IGST) 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.


Izhstal PAO ROCE % Related Terms

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Izhstal PAO (MIC:IGST) Business Description

Traded in Other Exchanges
Address
Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006
Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.

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