OEKOWORLD AG (XTER:VVV3) ROCE % : 23.00% (As of Jun. 2023)

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What is OEKOWORLD 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. OEKOWORLD AG's annualized ROCE % for the quarter that ended in Jun. 2023 was 23.00%.

OEKOWORLD AG ROCE % Historical Data

The historical data trend for OEKOWORLD 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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OEKOWORLD AG ROCE % Chart

OEKOWORLD AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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24.00

54.11

81.80

63.82

21.19

OEKOWORLD AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															80.46	47.72	25.40	18.25	23.00

OEKOWORLD AG ROCE % Calculation

OEKOWORLD AG'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 )
	=	33.841	/	( ( (164.432 - 5.423)	+	(165.768 - 5.34) )	/ 2 )
	=	33.841	/	( (159.009	+	160.428)	/ 2 )
	=	33.841	/	159.7185
	=	21.19 %

OEKOWORLD AG's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	34.91	/	( ( (165.768 - 5.34)	+	(149.367 - 6.195) )	/ 2 )
	=	34.91	/	( ( 160.428	+	143.172 )	/ 2 )
	=	34.91	/	151.8
	=	23.00 %

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

OEKOWORLD AG (XTER:VVV3) 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.

OEKOWORLD AG ROCE % Related Terms

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OEKOWORLD AG (XTER:VVV3) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » OEKOWORLD AG (XTER:VVV3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VVV3:Germany VVV3:Germany

Address

Liebigstr. 11-13, Hilden, DEU, 40721

Website

http://www.versiko.de

OEKOWORLD AG is engaged in providing financial services, providing insurance products, money management services and financial consultation to individual and institutional clients.

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