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Pozavarovalnicava DD (XLJU:POSR) ROIC % : 0.00% (As of Dec. 2023)


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What is Pozavarovalnicava DD ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Pozavarovalnicava DD's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2023 was 0.00%.

As of today (2024-05-26), Pozavarovalnicava DD's WACC % is 7.91%. Pozavarovalnicava DD's ROIC % is 0.00% (calculated using TTM income statement data). Pozavarovalnicava DD earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Pozavarovalnicava DD ROIC % Historical Data

The historical data trend for Pozavarovalnicava DD's ROIC % 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.

Pozavarovalnicava DD ROIC % Chart

Pozavarovalnicava DD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.11 2.82

Pozavarovalnicava DD Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Pozavarovalnicava DD's ROIC %

For the Insurance - Reinsurance subindustry, Pozavarovalnicava DD's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pozavarovalnicava DD's ROIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Pozavarovalnicava DD's ROIC % distribution charts can be found below:

* The bar in red indicates where Pozavarovalnicava DD's ROIC % falls into.



Pozavarovalnicava DD ROIC % Calculation

Pozavarovalnicava DD's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROIC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=82.728 * ( 1 - 18.79% )/( (2230.55405 + 2525.81935)/ 2 )
=67.1834088/2378.1867
=2.82 %

where

Invested Capital(A: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2312.14 - 10.088 - ( 93.224 - 5% * 434.521 )
=2230.55405

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2568.546 - 24.551 - ( 50.56 - 5% * 647.687 )
=2525.81935

Pozavarovalnicava DD's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2023 is calculated as:

ROIC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=0 * ( 1 - 0% )/( (2326.597 + 2493.435)/ 2 )
=0/2410.016
=0.00 %

where

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2419.725 - 2.733 - ( 90.395 - 5% * 0 )
=2326.597

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2568.546 - 24.551 - ( 50.56 - 5% * 0 )
=2493.435

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

* 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.


Pozavarovalnicava DD  (XLJU:POSR) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Pozavarovalnicava DD's WACC % is 7.91%. Pozavarovalnicava DD's ROIC % is 0.00% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Pozavarovalnicava DD ROIC % Related Terms

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Pozavarovalnicava DD (XLJU:POSR) Business Description

Traded in Other Exchanges
N/A
Address
Dunajska cesta 56, P.O.B. 318, Ljubljana, SVN, 1000
Pozavarovalnica Sava DD is a Slovenia based company engaged in the reinsurance business. It provides reinsurance services such as capacity, capital relief, catastrophe support, and creativity. The group operates through the business segments of the reinsurance business, non-life insurance business, life insurance business, pensions and asset management, and other segment. The company carries out its operations in Slovenia and internationally.

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