INVL Baltic Farmland AB (OVSE:INL1L) ROCE % : 29.60% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is INVL Baltic Farmland 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. INVL Baltic Farmland AB's annualized ROCE % for the quarter that ended in Dec. 2023 was 29.60%.

INVL Baltic Farmland AB ROCE % Historical Data

The historical data trend for INVL Baltic Farmland 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.

INVL Baltic Farmland AB ROCE % Chart

INVL Baltic Farmland AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.26

6.86

10.23

13.24

15.92

INVL Baltic Farmland AB Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															17.69	6.80	20.19	2.64	29.60

INVL Baltic Farmland AB ROCE % Calculation

INVL Baltic Farmland 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 )
	=	3.094	/	( ( (18.419 - 0.261)	+	(20.947 - 0.228) )	/ 2 )
	=	3.094	/	( (18.158	+	20.719)	/ 2 )
	=	3.094	/	19.4385
	=	15.92 %

INVL Baltic Farmland AB's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	5.712	/	( ( (18.533 - 0.652)	+	(20.947 - 0.228) )	/ 2 )
	=	5.712	/	( ( 17.881	+	20.719 )	/ 2 )
	=	5.712	/	19.3
	=	29.60 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

INVL Baltic Farmland AB (OVSE:INL1L) 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.

INVL Baltic Farmland AB ROCE % Related Terms

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

INVL Baltic Farmland AB (OVSE:INL1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » INVL Baltic Farmland AB (OVSE:INL1L) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gyneju Street 14, Vilnius, LTU, LT-01109

Website

https://www.invlbalticfarmland.lt

INVL Baltic Farmland AB is an investment company. It manages shares of entities investing in agricultural land and provides finance. The company owns agricultural land in Lithuania, which is rented to farmers and agricultural companies. It focuses on the growth of the quality of owned land and environmental sustainability. The company operates in a single segment of Agricultural land. It generates revenue from lease, interest, and other income.

INVL Baltic Farmland AB (OVSE:INL1L) Headlines

No Headlines