Triton Development (WAR:TRI) ROCE % : -4.81% (As of Sep. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Triton Development 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. Triton Development's annualized ROCE % for the quarter that ended in Sep. 2023 was -4.81%.

Triton Development ROCE % Historical Data

The historical data trend for Triton Development'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.

Triton Development ROCE % Chart

Triton Development Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

3.68

-1.66

-3.01

1.35

0.39

Triton Development Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-0.48	-0.54	-3.98	-5.95	-4.81

Triton Development ROCE % Calculation

Triton Development'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 )
	=	0.348	/	( ( (109.459 - 19.316)	+	(100.706 - 11.512) )	/ 2 )
	=	0.348	/	( (90.143	+	89.194)	/ 2 )
	=	0.348	/	89.6685
	=	0.39 %

Triton Development's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-4.12	/	( ( (104.912 - 18.214)	+	(111.762 - 27.292) )	/ 2 )
	=	-4.12	/	( ( 86.698	+	84.47 )	/ 2 )
	=	-4.12	/	85.584
	=	-4.81 %

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

Triton Development (WAR:TRI) 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.

Triton Development ROCE % Related Terms

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

Triton Development (WAR:TRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Triton Development SA (WAR:TRI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Grojecka 194, Warszawa, POL, 02-390

Website

http://www.tritondevelopment.pl

Triton Development SA is engaged in the housing construction.market. The company offers flats in multi-family buildings as well as single-family and semi-detached houses. Its investment is in Triton country, Triton Kampinos, french Triton, hotel spa, Triton vineyard, and Triton park.