Nizhnekamskneftekhim PJSC (MIC:NKNC) ROCE % : 0.46% (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Nizhnekamskneftekhim 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. Nizhnekamskneftekhim PJSC's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.46%.

Nizhnekamskneftekhim PJSC ROCE % Historical Data

The historical data trend for Nizhnekamskneftekhim 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.

* Premium members only.

Nizhnekamskneftekhim PJSC ROCE % Chart

Nizhnekamskneftekhim PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

Get a 7-Day Free Trial

29.75

25.19

18.89

15.62

5.09

Nizhnekamskneftekhim PJSC Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun23
ROCE %	Get a 7-Day Free Trial															12.94	5.74	4.68	26.73	0.46

Nizhnekamskneftekhim PJSC ROCE % Calculation

Nizhnekamskneftekhim PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	11321	/	( ( (215298 - 13826)	+	(268602 - 25337) )	/ 2 )
	=	11321	/	( (201472	+	243265)	/ 2 )
	=	11321	/	222368.5
	=	5.09 %

Nizhnekamskneftekhim 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: Jun. 2021 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2021 )		(Q: Jun. 2023 )
	=	1620	/	( ( (298967 - 22547)	+	(473911 - 38526) )	/ 2 )
	=	1620	/	( ( 276420	+	435385 )	/ 2 )
	=	1620	/	355902.5
	=	0.46 %

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

Nizhnekamskneftekhim PJSC (MIC:NKNC) 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.

Nizhnekamskneftekhim PJSC ROCE % Related Terms

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

Nizhnekamskneftekhim PJSC (MIC:NKNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nizhnekamskneftekhim PJSC (MIC:NKNC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NKNCP:Russia

Address

23 Sobolekovskaya Street, Office 129, Nizhnekamsky Municipal District, Nizhnekamsk, RUS, 423574

Website

https://www.sibur.ru/nknh/en

Nizhnekamskneftekhim PJSC and its subsidiaries are engaged in the production and sale of petrochemicals. The company's operating business segments are Production and Sale of Petrochemicals, Petrochemical trading and All other segments. The Production and sales of petrochemicals segment derives its revenue primarily from the manufacturing and sale of petrochemical products. The Petrochemicals trading segment is engaged in trading of petrochemical products. The company derives maximum revenue from Production and Sale of Petrochemicals segment.

Nizhnekamskneftekhim PJSC (MIC:NKNC) Headlines

No Headlines