Superior Plus (FRA:8SP) ROCE % : 12.85% (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Superior Plus 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. Superior Plus's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.85%.

Superior Plus ROCE % Historical Data

The historical data trend for Superior Plus'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.

Superior Plus ROCE % Chart

Superior Plus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.30

6.84

3.30

-1.13

5.73

Superior Plus 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															10.66	25.21	-4.22	-8.63	12.85

Superior Plus ROCE % Calculation

Superior Plus'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 )
	=	161.035	/	( ( (3112.664 - 512.408)	+	(3536.561 - 515.778) )	/ 2 )
	=	161.035	/	( (2600.256	+	3020.783)	/ 2 )
	=	161.035	/	2810.5195
	=	5.73 %

Superior Plus'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 )
	=	392.608	/	( ( (3568.508 - 480.099)	+	(3536.561 - 515.778) )	/ 2 )
	=	392.608	/	( ( 3088.409	+	3020.783 )	/ 2 )
	=	392.608	/	3054.596
	=	12.85 %

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

Superior Plus (FRA:8SP) 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.

Superior Plus ROCE % Related Terms

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

Superior Plus (FRA:8SP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Superior Plus Corp (FRA:8SP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SUUIF:USA SPB:Canada

Address

200 Wellington Street West, Suite 401, Toronto, ON, CAN, M5V 3C7

Website

https://www.superiorplus.com

Superior Plus Corp is a Canadian-based company that distributes energy and specialty chemicals. The company is organized into three business segments: U.S. Propane, Canadian Propane & Wholesale Propane, out of which the majority is from the U.S. Propane segment. The products & services offered by the company include wholesale procurement, distribution, related services for propane and other refined fuels, and supply of chemicals required by industries. The U.S. Propane segment distributes propane gas & liquid fuels along the Eastern U.S. & into the Midwest and California. The Canadian Propane segment includes the Canadian retail business with operations across Canada. The Wholesale Propane segment is the wholesale business with operations in Canada & the Western United States.

Superior Plus (FRA:8SP) Headlines

No Headlines