Komunalac a.d (XBLB:KMNC-R-A) ROCE % : 0.36% (As of Dec. 2022)

View and export this data going back to 2003. Start your Free Trial

What is Komunalac a.d 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. Komunalac a.d's annualized ROCE % for the quarter that ended in Dec. 2022 was 0.36%.

Komunalac a.d ROCE % Historical Data

The historical data trend for Komunalac a.d'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.

Komunalac a.d ROCE % Chart

Komunalac a.d Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

0.53

0.68

12.92

2.07

0.36

Komunalac a.d Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
ROCE %	Get a 7-Day Free Trial							0.53	0.68	12.92	2.07	0.36

Komunalac a.d ROCE % Calculation

Komunalac a.d's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	0.034	/	( ( (9.98 - 0.656)	+	(10.497 - 1.129) )	/ 2 )
	=	0.034	/	( (9.324	+	9.368)	/ 2 )
	=	0.034	/	9.346
	=	0.36 %

Komunalac a.d's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	0.034	/	( ( (9.98 - 0.656)	+	(10.497 - 1.129) )	/ 2 )
	=	0.034	/	( ( 9.324	+	9.368 )	/ 2 )
	=	0.034	/	9.346
	=	0.36 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Komunalac a.d (XBLB:KMNC-R-A) 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.

Komunalac a.d ROCE % Related Terms

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

Komunalac a.d (XBLB:KMNC-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Komunalac a.d (XBLB:KMNC-R-A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Milosa Crnjanskog 7, Bijeljina, BIH, 76300

Website

http://www.komunalacbn.com

Komunalac a.d operates as a waste management service provider in Bosnia and Herzegovina. The activities of the company include solid waste disposal, collection of recyclable waste, maintenance of public transport, maintenance of green areas, maintaining timber and planting new seedlings, production and sale of flowers for urban greenery, and services for special utility vehicles.

Komunalac a.d (XBLB:KMNC-R-A) Headlines

No Headlines