Yara International ASA (Yara International ASA) ROCE % : 4.32% (As of Mar. 2024)

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

What is Yara International ASA 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. Yara International ASA's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.32%.

Yara International ASA ROCE % Historical Data

The historical data trend for Yara International ASA'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.

Yara International ASA ROCE % Chart

Yara International ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.33

7.37

7.01

30.51

3.49

Yara International ASA 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															6.94	-6.70	2.59	11.64	4.32

Yara International ASA ROCE % Calculation

Yara International ASA'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 )
	=	453	/	( ( (17982 - 4338)	+	(16027 - 3714) )	/ 2 )
	=	453	/	( (13644	+	12313)	/ 2 )
	=	453	/	12978.5
	=	3.49 %

Yara International ASA'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 )
	=	528	/	( ( (16027 - 3714)	+	(15660 - 3520) )	/ 2 )
	=	528	/	( ( 12313	+	12140 )	/ 2 )
	=	528	/	12226.5
	=	4.32 %

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

Yara International ASA (OTCPK:YARIY) 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.

Yara International ASA ROCE % Related Terms

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

Yara International ASA (Yara International ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Yara International ASA (OTCPK:YARIY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

YRAIF:USA YARo:Sweden YAR:Norway YARo:UK 0O7D:UK IU20:Germany IU2:Germany IU2:Germany

Address

Drammensveien 131, Oslo, NOR, 0277

Website

https://www.yara.com

Yara International ASA is a Crop nutrition company. The company converts natural gas into nitrogen products. It is engaged in the production of ammonia, mineral fertilizers, and industrial products. The firm also develops and markets environmental solutions and essential products for industrial applications. It markets and distributes a complete range of crop nutrition products and programs globally. The fertilizers and crop nutrition programs help to produce the food required for the growing world population. Industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations.

Yara International ASA (Yara International ASA) Headlines

From GuruFocus

Bernard Horn Comments on Yara International

By Vera Yuan Vera Yuan • 08-07-2014

Bernard Horn Comments on Yara International

By Sydnee Gatewood Sydnee Gatewood • 01-22-2020

Bernard Horn Comments on Yara International

By Holly LaFon Holly LaFon • 07-18-2019

Bernard Horn's Polaris Global Value Fund Second Quarter 2014 Shareholder Letter

By Vera Yuan Vera Yuan • 08-07-2014