Oatly Group AB (Oatly Group AB) ROCE % : -27.00% (As of Mar. 2024)

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What is Oatly 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. Oatly Group AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -27.00%.

Oatly Group AB ROCE % Historical Data

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

Oatly Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-12.61

-13.11

-21.80

-33.80

-50.66

Oatly Group AB Quarterly Data
	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													-33.42	-36.55	-34.71	-86.90	-27.00

Oatly Group AB ROCE % Calculation

Oatly 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 )
	=	-358.832	/	( ( (1225.197 - 341.907)	+	(1116.971 - 583.655) )	/ 2 )
	=	-358.832	/	( (883.29	+	533.316)	/ 2 )
	=	-358.832	/	708.303
	=	-50.66 %

Oatly 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 )
	=	-133.96	/	( ( (1116.971 - 583.655)	+	(1037.835 - 578.674) )	/ 2 )
	=	-133.96	/	( ( 533.316	+	459.161 )	/ 2 )
	=	-133.96	/	496.2385
	=	-27.00 %

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

Oatly Group AB (NAS:OTLY) 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.

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Oatly Group AB (Oatly Group AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Oatly Group AB (NAS:OTLY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

9ZX:Germany

Address

Ångfärjekajen 8, Malmo, SWE, 211 19

Website

https://www.oatly.com

Oatly Group AB is engaged in the food and drinks industry. Some of its products include Oat Drink, Chilled Oat Drink, Oatgurt, Creamy Oat, Icecreams, among others. It caters to Sweden, Germany, United Kingdom, Netherlands, North America, Finland, and Other markets.