Globaltruck Management PJSC (MIC:GTRK) ROCE % : 11.54% (As of Jun. 2023)

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What is Globaltruck Management PJSC 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. Globaltruck Management PJSC's annualized ROCE % for the quarter that ended in Jun. 2023 was 11.54%.

Globaltruck Management PJSC ROCE % Historical Data

The historical data trend for Globaltruck Management PJSC'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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Globaltruck Management PJSC ROCE % Chart

Globaltruck Management PJSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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12.16

9.67

5.60

6.90

5.62

Globaltruck Management PJSC Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial									4.24	9.32	2.51	8.74	11.54

Globaltruck Management PJSC ROCE % Calculation

Globaltruck Management PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	431.162	/	( ( (10901.867 - 3230.724)	+	(10816.581 - 3138.431) )	/ 2 )
	=	431.162	/	( (7671.143	+	7678.15)	/ 2 )
	=	431.162	/	7674.6465
	=	5.62 %

Globaltruck Management PJSC's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	850.722	/	( ( (10816.581 - 3138.431)	+	(11532.269 - 4463.106) )	/ 2 )
	=	850.722	/	( ( 7678.15	+	7069.163 )	/ 2 )
	=	850.722	/	7373.6565
	=	11.54 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Globaltruck Management PJSC (MIC:GTRK) 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.

Globaltruck Management PJSC ROCE % Related Terms

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Globaltruck Management PJSC (MIC:GTRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globaltruck Management PJSC (MIC:GTRK) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

House 39, Gilyarovskogo Street, Building 1, Moscow, RUS, 105082

Website

http://www.gt-m.ru

Globaltruck Management PJSC operates as a truck load trucking operator. The company offers services such as long-haul transportation of cargoes, trucking, temperature controller, and supply chain management services in Russia. Its services include standard cargo delivery and refrigerated transportations.

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