Rottneros AB (OSTO:RROS) ROCE % : 1.37% (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Rottneros 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. Rottneros AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.37%.

Rottneros AB ROCE % Historical Data

The historical data trend for Rottneros 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.

* Premium members only.

Rottneros AB ROCE % Chart

Rottneros AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

13.54

-2.19

14.33

31.46

6.75

Rottneros AB Quarterly Data
	Jun19	Sep19	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															23.11	7.34	9.18	-15.86	1.37

Rottneros AB ROCE % Calculation

Rottneros 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 )
	=	163	/	( ( (3422 - 730)	+	(2817 - 677) )	/ 2 )
	=	163	/	( (2692	+	2140)	/ 2 )
	=	163	/	2416
	=	6.75 %

Rottneros 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 )
	=	28	/	( ( (2817 - 677)	+	(2650 - 705) )	/ 2 )
	=	28	/	( ( 2140	+	1945 )	/ 2 )
	=	28	/	2042.5
	=	1.37 %

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

Rottneros AB (OSTO:RROS) 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.

Rottneros AB ROCE % Related Terms

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

Rottneros AB (OSTO:RROS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Rottneros AB (OSTO:RROS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0H0L:UK

Address

Rottneros Bruk, Box 144, Soderhamn, SWE, 826 23

Website

https://www.rottneros.com

Rottneros AB, together with its subsidiaries, produces and sells bleached and unbleached chemical pulp as well as mechanical pulp in Europe and internationally. The pulp is used for the production of board & packaging, filters, electrotechnical applications, tissue paper, printing & printing paper and other special applications. Geographically, it derives the majority of its revenue from Europe. Rottneros also develops and sells molded fiber trays and technology for this production.

Rottneros AB (OSTO:RROS) Headlines

No Headlines