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Dalekovod dd (ZAG:DLKV) ROCE % : 15.90% (As of Sep. 2023)


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What is Dalekovod dd 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. Dalekovod dd's annualized ROCE % for the quarter that ended in Sep. 2023 was 15.90%.


Dalekovod dd ROCE % Historical Data

The historical data trend for Dalekovod dd'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.

Dalekovod dd ROCE % Chart

Dalekovod dd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.79 6.77 11.28 9.09 3.04

Dalekovod dd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.47 25.36 7.86 9.04 15.90

Dalekovod dd ROCE % Calculation

Dalekovod dd'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 )
=2.257/( ( (171.884 - 96.294) + (126.102 - 53.21) )/ 2 )
=2.257/( (75.59+72.892)/ 2 )
=2.257/74.241
=3.04 %

Dalekovod dd's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=12.448/( ( (132.232 - 55.579) + (137.723 - 57.774) )/ 2 )
=12.448/( ( 76.653 + 79.949 )/ 2 )
=12.448/78.301
=15.90 %

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

* 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.


Dalekovod dd  (ZAG:DLKV) 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.


Dalekovod dd ROCE % Related Terms

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Dalekovod dd (ZAG:DLKV) Business Description

Traded in Other Exchanges
N/A
Address
Marijana Cavica 4 street, Zagreb, HRV, 10 000
Dalekovod dd offers engineering, production, construction, and installation of electric power facilities, facilities for the road, railroad, mass transit, and telecommunication infrastructure activities. The business segments of the company are the Production segment which includes forging works, the casting plant, and the laboratory for quality control and the production and sales of metal frames, manufacture and sales of suspension and jointing equipment whereas the Construction segment includes the services of construction and project documentation preparation of power and distribution facilities, transformer stations, installing antenna and others. The company generates maximum revenue from the construction segment.

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