Deutsche Rohstoff AG (LTS:0W2J) ROCE % : 34.27% (As of Dec. 2023)

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What is Deutsche Rohstoff AG 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. Deutsche Rohstoff AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 34.27%.

Deutsche Rohstoff AG ROCE % Historical Data

The historical data trend for Deutsche Rohstoff AG'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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Deutsche Rohstoff AG ROCE % Chart

Deutsche Rohstoff AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.38

-7.15

16.15

34.17

27.32

Deutsche Rohstoff AG 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															28.86	25.36	13.58	24.95	34.27

Deutsche Rohstoff AG ROCE % Calculation

Deutsche Rohstoff AG'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 )
	=	95.458	/	( ( (350.326 - 40.302)	+	(493.765 - 104.932) )	/ 2 )
	=	95.458	/	( (310.024	+	388.833)	/ 2 )
	=	95.458	/	349.4285
	=	27.32 %

Deutsche Rohstoff AG'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 )
	=	145.232	/	( ( (472.561 - 13.781)	+	(493.765 - 104.932) )	/ 2 )
	=	145.232	/	( ( 458.78	+	388.833 )	/ 2 )
	=	145.232	/	423.8065
	=	34.27 %

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

Deutsche Rohstoff AG (LTS:0W2J) 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.

Deutsche Rohstoff AG ROCE % Related Terms

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Deutsche Rohstoff AG (LTS:0W2J) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Deutsche Rohstoff AG (LTS:0W2J) » Definitions » ROCE %

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DR0:Germany

Address

Q7, 24, Mannheim, DEU, 68161

Website

https://www.rohstoff.de

Deutsche Rohstoff AG is involved in the production of oil and gas. It also participates in mining projects and develops its own metal deposits with a focus on precious and special metals. The activities of the company are located in the United States, Australia, Western Europe, Canada and Brazil. It operates in the segments of Gold, Oil, Gas, and Other; of which key revenue is derived from the Oil segment sales. The company's projects include Cub Creek Energy, Elster Oil and Gas, Bright Rock Energy, Salt Creek Oil and Gas, and others.

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