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Baltic Sea Properties AS (OSL:BALT) ROCE % : 6.81% (As of Mar. 2024)


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What is Baltic Sea Properties 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. Baltic Sea Properties AS's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.81%.

Baltic Sea Properties AS ROCE % Historical Data

The historical data trend for Baltic Sea Properties 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.

Baltic Sea Properties AS ROCE % Chart

Baltic Sea Properties AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.69 9.14 17.25 8.25 6.38

Baltic Sea Properties AS Quarterly Data
Jun18 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.53 6.66 3.82 9.40 6.81

Baltic Sea Properties AS ROCE % Calculation

Baltic Sea Properties AS'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 )
=68.823/( ( (1100.832 - 86.666) + (1202.184 - 57.6) )/ 2 )
=68.823/( (1014.166+1144.584)/ 2 )
=68.823/1079.375
=6.38 %

Baltic Sea Properties AS's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=79.868/( ( (1202.184 - 57.6) + (1253.348 - 53.946) )/ 2 )
=79.868/( ( 1144.584 + 1199.402 )/ 2 )
=79.868/1171.993
=6.81 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.

Baltic Sea Properties AS  (OSL:BALT) 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.

Baltic Sea Properties AS ROCE % Related Terms

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Baltic Sea Properties AS (OSL:BALT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Baltic Sea Properties AS (OSL:BALT) » Definitions » ROCE %
Comparable Companies
OSL:ROM OSL:RCR CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW HKSE:01209 XTER:DWNI XSWX:SPSN STC:VHM TSE:3003 SAU:4250 STC:VIC TSX:FSV
Traded in Other Exchanges
N/A
Address
Apotekergata 10B, Oslo, NOR, 0180
Website
https://www.balticsea.no
Baltic Sea Properties AS is an Norwegian based open-ended and fully integrated investment company. which invests, develops, rents, and realizes commercial real estate properties and logistic centers. The Company's operations consist of acquisition, development and letting of investment properties in Lithuania as well as some related business. They are owners, developers and managers of commercial real estate in the Baltics.