Hapag-Lloyd AG (XTER:HLAG) ROCE % : -2.08% (As of Dec. 2023)

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What is Hapag-Lloyd AG 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. Hapag-Lloyd AG's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.08%.

Hapag-Lloyd AG ROCE % Historical Data

The historical data trend for Hapag-Lloyd AG'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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Hapag-Lloyd AG ROCE % Chart

Hapag-Lloyd AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.03

11.23

58.42

65.87

11.80

Hapag-Lloyd AG 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															42.85	24.58	14.95	5.39	-2.08

Hapag-Lloyd AG ROCE % Calculation

Hapag-Lloyd AG'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 )
	=	3268.9	/	( ( (38687.3 - 6397)	+	(29012.4 - 5902.6) )	/ 2 )
	=	3268.9	/	( (32290.3	+	23109.8)	/ 2 )
	=	3268.9	/	27700.05
	=	11.80 %

Hapag-Lloyd AG'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 )
	=	-494.8	/	( ( (30471.4 - 6061.8)	+	(29012.4 - 5902.6) )	/ 2 )
	=	-494.8	/	( ( 24409.6	+	23109.8 )	/ 2 )
	=	-494.8	/	23759.7
	=	-2.08 %

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

Hapag-Lloyd AG (XTER:HLAG) 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.

Hapag-Lloyd AG ROCE % Related Terms

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Hapag-Lloyd AG (XTER:HLAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hapag-Lloyd AG (XTER:HLAG) » Definitions » ROCE %

Traded in Other Exchanges

HLAGF:USA HPGLY:USA 1HLAG:Italy HLAGd:UK 0RCG:UK HLAG:Austria

Address

Ballindamm 25, Hamburg, DEU, 20095

Website

https://www.hapag-lloyd.com

Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and Africa.

Executives

Dr. Maximilian Rothkopf	Board of Directors
Rolf Eric Habben Jansen	Board of Directors

Hapag-Lloyd AG (XTER:HLAG) Headlines

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