Jastrzebska Spolka Weglowa (WAR:JSW) ROCE % : 4.81% (As of Dec. 2023)

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What is Jastrzebska Spolka Weglowa 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. Jastrzebska Spolka Weglowa's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.81%.

Jastrzebska Spolka Weglowa ROCE % Historical Data

The historical data trend for Jastrzebska Spolka Weglowa'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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Jastrzebska Spolka Weglowa ROCE % Chart

Jastrzebska Spolka Weglowa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.71

-15.11

10.93

61.20

15.66

Jastrzebska Spolka Weglowa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															34.81	33.34	20.03	3.47	4.81

Jastrzebska Spolka Weglowa ROCE % Calculation

Jastrzebska Spolka Weglowa'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 )
	=	3142.1	/	( ( (27070.8 - 7733.7)	+	(27793.8 - 7010.8) )	/ 2 )
	=	3142.1	/	( (19337.1	+	20783)	/ 2 )
	=	3142.1	/	20060.05
	=	15.66 %

Jastrzebska Spolka Weglowa'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	989.2	/	( ( (30434.4 - 10080.4)	+	(27793.8 - 7010.8) )	/ 2 )
	=	989.2	/	( ( 20354	+	20783 )	/ 2 )
	=	989.2	/	20568.5
	=	4.81 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Jastrzebska Spolka Weglowa (WAR:JSW) 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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Jastrzebska Spolka Weglowa (WAR:JSW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jastrzebska Spolka Weglowa SA (WAR:JSW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0Q45:UK J2S:Germany

Address

Al. Jana Paw?a II 4, Jastrzebie Zdroj, POL, 44-330

Website

http://www.jsw.pl

Jastrzebska Spolka Weglowa SA is a coal producer, based in Poland, and it is one of the major producers within the European Union. The company predominantly produces hard coking coal which is an essential component in the production of steel, and in its coking plants, the company processes approximately half of the coking coal it produces. Additionally, the company is engaged in natural gas mining and generation, transmission and distribution of electricity. The company's products are sold domestically as well as to Germany, Austria, the Czech Republic, Slovakia, Romania and Hungary.

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