Oriola (LTS:0NES) ROCE % : 8.02% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Oriola 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. Oriola's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.02%.

Oriola ROCE % Historical Data

The historical data trend for Oriola'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.

Oriola ROCE % Chart

Oriola Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.72

5.81

3.91

2.66

-4.84

Oriola Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.44	4.52	-28.99	-3.60	8.02

Oriola ROCE % Calculation

Oriola'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 )
	=	-12.3	/	( ( (960.9 - 648)	+	(934.7 - 739.1) )	/ 2 )
	=	-12.3	/	( (312.9	+	195.6)	/ 2 )
	=	-12.3	/	254.25
	=	-4.84 %

Oriola's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	14.8	/	( ( (934.7 - 739.1)	+	(888.3 - 714.7) )	/ 2 )
	=	14.8	/	( ( 195.6	+	173.6 )	/ 2 )
	=	14.8	/	184.6
	=	8.02 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Oriola (LTS:0NES) 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.

Oriola ROCE % Related Terms

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

Oriola (LTS:0NES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oriola Corp (LTS:0NES) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OKDBV:Finland OKDAV:Finland O5O:Germany

Address

Orionintie 5, P.O. Box 8, Espoo, FIN, FI-02200

Website

https://www.oriola.com

Oriola Corp is a health and wellbeing company operating in Nordic countries. It offers services such as the distribution of pharmaceuticals and other health and well-being products, expert services, and dose dispensing. Oriola's operations are divided into three business areas namely, Consumer, Pharma, and Retail.

Oriola (LTS:0NES) Headlines

No Headlines