Svenska Cellulosa AB (Svenska Cellulosa AB) ROCE % : 3.10% (As of Mar. 2024)

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What is Svenska Cellulosa AB 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. Svenska Cellulosa AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.10%.

Svenska Cellulosa AB ROCE % Historical Data

The historical data trend for Svenska Cellulosa AB'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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Svenska Cellulosa AB ROCE % Chart

Svenska Cellulosa AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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26.88

1.30

7.00

6.75

3.65

Svenska Cellulosa AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.92	3.65	2.65	3.67	3.10

Svenska Cellulosa AB ROCE % Calculation

Svenska Cellulosa AB'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 )
	=	477.402	/	( ( (13235.209 - 748.699)	+	(14423.647 - 718.492) )	/ 2 )
	=	477.402	/	( (12486.51	+	13705.155)	/ 2 )
	=	477.402	/	13095.8325
	=	3.65 %

Svenska Cellulosa AB's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	421.848	/	( ( (14423.647 - 718.492)	+	(14453.334 - 944.647) )	/ 2 )
	=	421.848	/	( ( 13705.155	+	13508.687 )	/ 2 )
	=	421.848	/	13606.921
	=	3.10 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Svenska Cellulosa AB (OTCPK:SCABY) 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.

Svenska Cellulosa AB ROCE % Related Terms

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Svenska Cellulosa AB (Svenska Cellulosa AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Svenska Cellulosa AB (OTCPK:SCABY) » Definitions » ROCE %

Traded in Other Exchanges

SVCBF:USA SCA B:Sweden SCA A:Sweden SCABs:UK 0MCK:UK SCA:Germany

Address

Skepparplatsen 1, Sundsvall, SWE, SE-851 88

Website

https://www.sca.com

Svenska Cellulosa AB is Europe's private forest owner, engaged in four business segments; the Forest segment supplies its industries with timber. The segment includes managing and harvesting on its own forest land, sourcing timber from other forest owners, and transporting the timber to its industries, The Wood segment includes five sawmills in northern Sweden and wood processing and distribution to the building materials trade in Sweden and France, The Pulp segment encompasses the production and sale of bleached softwood kraft pulp (NBSK) and chemi-thermomechanical pulp (CTMP), which are produced at the Ostrand pulp mill, and The Containerboard segment includes packaging paper with kraft liner manufacturing at the Obbola and Munksund paper mills.