Kjell Group AB (OSTO:KJELL) ROCE % : -4.23% (As of Mar. 2024)

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What is Kjell Group 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. Kjell Group AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.23%.

Kjell Group AB ROCE % Historical Data

The historical data trend for Kjell Group 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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Kjell Group AB ROCE % Chart

Kjell Group AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.14

9.34

8.33

6.76

3.32

Kjell Group AB Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													-0.11	-1.59	8.68	4.80	-4.23

Kjell Group AB ROCE % Calculation

Kjell Group 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 )
	=	58.983	/	( ( (2446.916 - 654.008)	+	(2417.076 - 659.635) )	/ 2 )
	=	58.983	/	( (1792.908	+	1757.441)	/ 2 )
	=	58.983	/	1775.1745
	=	3.32 %

Kjell Group AB'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 )
	=	-73.992	/	( ( (2417.076 - 659.635)	+	(2396.61 - 652.496) )	/ 2 )
	=	-73.992	/	( ( 1757.441	+	1744.114 )	/ 2 )
	=	-73.992	/	1750.7775
	=	-4.23 %

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

Kjell Group AB (OSTO:KJELL) 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.

Kjell Group AB ROCE % Related Terms

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Kjell Group AB (OSTO:KJELL) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Tarnogatan 6, Malmo, SWE, SE-211 24

Website

https://www.kjellgroup.com

Kjell Group AB is engaged in providing consumer electronics accessories. It operates in three segments: Sweden, Norway, and Denmark. The segments encompass sales via service points in Sweden and Norway and online-generated sales in each country. The majority of its revenue is derived from Sweden.

Kjell Group AB (OSTO:KJELL) Headlines

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