Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) ROCE % : -19.52% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Aciselsan Acipayam Seluloznayi ve Ticaret A S 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. Aciselsan Acipayam Seluloznayi ve Ticaret A S's annualized ROCE % for the quarter that ended in Dec. 2023 was -19.52%.

Aciselsan Acipayam Seluloznayi ve Ticaret A S ROCE % Historical Data

The historical data trend for Aciselsan Acipayam Seluloznayi ve Ticaret A S'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.

Aciselsan Acipayam Seluloznayi ve Ticaret A S ROCE % Chart

Aciselsan Acipayam Seluloznayi ve Ticaret A S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

28.20

25.61

57.52

40.41

9.39

Aciselsan Acipayam Seluloznayi ve Ticaret A S 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															48.52	12.74	50.50	23.85	-19.52

Aciselsan Acipayam Seluloznayi ve Ticaret A S ROCE % Calculation

Aciselsan Acipayam Seluloznayi ve Ticaret A S'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 )
	=	36.245	/	( ( (468.764 - 80.875)	+	(562.872 - 178.652) )	/ 2 )
	=	36.245	/	( (387.889	+	384.22)	/ 2 )
	=	36.245	/	386.0545
	=	9.39 %

Aciselsan Acipayam Seluloznayi ve Ticaret A S'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 )
	=	-63.268	/	( ( (381.086 - 116.982)	+	(562.872 - 178.652) )	/ 2 )
	=	-63.268	/	( ( 264.104	+	384.22 )	/ 2 )
	=	-63.268	/	324.162
	=	-19.52 %

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

Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) 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.

Aciselsan Acipayam Seluloznayi ve Ticaret A S ROCE % Related Terms

Thank you for viewing the detailed overview of Aciselsan Acipayam Seluloznayi ve Ticaret A S's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aciselsan Acipayam Seluloz Sanayi ve Ticaret A S (IST:ACSEL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aciselsan Caddesi No:25, Asagi Mahallesi, Acipayam, Denizli, TUR, 20800

Website

http://www.aciselsan.com.tr

Aciselsan Acipayam Seluloz Sanayi ve Ticaret A S is engaged in the production of carboxymethyl cellulose in Turkey. Its products are used in a wide range of areas such as detergent, paint, wallpaper glue, paper and paperboard, textiles, oil drilling muds, ceramics, foodstuffs, cosmetics, and pharmaceutical industries.

Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) Headlines

No Headlines