Infortar AS (OTSE:INF1T) ROCE % : 33.84% (As of Dec. 2023)

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What is Infortar AS 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. Infortar AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 33.84%.

Infortar AS ROCE % Historical Data

The historical data trend for Infortar AS'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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Infortar AS ROCE % Chart

Infortar AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-3.69

3.24

16.15

33.84

Infortar AS Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
ROCE %	-3.69	3.24	16.15	33.84

Infortar AS ROCE % Calculation

Infortar AS'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 )
	=	325.013	/	( ( (1107.412 - 334.223)	+	(1460.512 - 312.67) )	/ 2 )
	=	325.013	/	( (773.189	+	1147.842)	/ 2 )
	=	325.013	/	960.5155
	=	33.84 %

Infortar AS'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	325.013	/	( ( (1107.412 - 334.223)	+	(1460.512 - 312.67) )	/ 2 )
	=	325.013	/	( ( 773.189	+	1147.842 )	/ 2 )
	=	325.013	/	960.5155
	=	33.84 %

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

Infortar AS (OTSE:INF1T) 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.

Infortar AS ROCE % Related Terms

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Infortar AS (OTSE:INF1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Infortar AS (OTSE:INF1T) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

X8K:Germany

Address

Sadama 5, Tallinn, EST, 10111

Website

https://www.infortar.ee

Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

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