Grupa Azoty (LTS:0NS1) ROCE % : -50.83% (As of Dec. 2023)

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

What is Grupa Azoty 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. Grupa Azoty's annualized ROCE % for the quarter that ended in Dec. 2023 was -50.83%.

Grupa Azoty ROCE % Historical Data

The historical data trend for Grupa Azoty'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.

Grupa Azoty ROCE % Chart

Grupa Azoty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.65

4.53

5.71

5.61

-24.62

Grupa Azoty 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															-34.21	-11.54	-14.36	-14.98	-50.83

Grupa Azoty ROCE % Calculation

Grupa Azoty'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 )
	=	-3288.975	/	( ( (25865.644 - 8614.858)	+	(24296.52 - 14830.752) )	/ 2 )
	=	-3288.975	/	( (17250.786	+	9465.768)	/ 2 )
	=	-3288.975	/	13358.277
	=	-24.62 %

Grupa Azoty'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 )
	=	-6040.072	/	( ( (25093.001 - 10793.447)	+	(24296.52 - 14830.752) )	/ 2 )
	=	-6040.072	/	( ( 14299.554	+	9465.768 )	/ 2 )
	=	-6040.072	/	11882.661
	=	-50.83 %

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

Grupa Azoty (LTS:0NS1) 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.

Grupa Azoty ROCE % Related Terms

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

Grupa Azoty (LTS:0NS1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Grupa Azoty SA (LTS:0NS1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ATT:Poland 5PL:Germany

Address

ul. Kwiatkowskiego 8, Tarnow, POL, 33-101

Website

https://www.grupaazoty.com

Grupa Azoty SA is a holding company, which through its subsidiaries, produces and sells chemicals, plastics, fertilizers, titanium, and extracts sulfur products. The firm organizes itself into five segments based on the product type. The Agro fertilizer segment, which generates the majority of revenue, sells fertilizers and agrochemicals. The Plastics segment sells a variety of plastic products to the automotive, construction, food, and textile industries. The Energy segment produces and sells electricity. The Chemicals segment sells oxo alcohols and other chemicals and its other segment comprises activities such as laboratory services, property rental, and other activities.

Grupa Azoty (LTS:0NS1) Headlines

No Headlines