MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) ROCE % : 5.19% (As of Dec. 2023)

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What is MOL Hungarian Oil and Gas 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. MOL Hungarian Oil and Gas's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.19%.

MOL Hungarian Oil and Gas ROCE % Historical Data

The historical data trend for MOL Hungarian Oil and Gas'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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MOL Hungarian Oil and Gas ROCE % Chart

MOL Hungarian Oil and Gas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.94

-0.35

12.92

23.01

13.18

MOL Hungarian Oil and Gas 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															2.13	17.21	17.33	22.42	5.19

MOL Hungarian Oil and Gas ROCE % Calculation

MOL Hungarian Oil and Gas'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 )
	=	2043.049	/	( ( (21869.575 - 6950.582)	+	(21143.377 - 5058.403) )	/ 2 )
	=	2043.049	/	( (14918.993	+	16084.974)	/ 2 )
	=	2043.049	/	15501.9835
	=	13.18 %

MOL Hungarian Oil and Gas'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 )
	=	838.4	/	( ( (21960.523 - 5750.293)	+	(21143.377 - 5058.403) )	/ 2 )
	=	838.4	/	( ( 16210.23	+	16084.974 )	/ 2 )
	=	838.4	/	16147.602
	=	5.19 %

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

MOL Hungarian Oil and Gas (OTCPK:MOLFF) 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.

MOL Hungarian Oil and Gas ROCE % Related Terms

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MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MOL Hungarian Oil and Gas PLC (OTCPK:MOLFF) » Definitions » ROCE %

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Traded in Other Exchanges

MGYOY:USA MOL:Poland MOL:Hungary 0RUK:UK MOGG:Germany MOL:Czech Republic

Address

Dombovari ut 28, Budapest, HUN, H-1117

Website

https://www.molgroup.info

MOL Hungarian Oil and Gas PLC is a multinational integrated oil and gas company. The group has various segments which include Upstream, Downstream, Consumer services, Gas midstream, and Corporate and other. The Downstream segment derives the majority of the revenue which consists of different business activities that are part of an integrated value chain that turns crude oil into a range of refined products, which are moved and marketed for household, industrial, and transport use. Geographically its sales come from Hungary, Croatia, Slovakia, Italy, Czech Republic, Romania, Austria, Europe, and the Rest of the World.