Electricite de France (LTS:0HBA) ROCE %

: -10.88% (As of Dec. 2022)

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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. Electricite de France's annualized ROCE % for the quarter that ended in Dec. 2022 was -10.88%.

Electricite de France ROCE % Historical Data

The historical data trend for Electricite de France'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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Electricite de France Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

2.36

4.44

2.45

3.55

-8.08

Electricite de France Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
ROCE %																3.85	5.41	1.75	-5.06	-10.88

Electricite de France ROCE % Calculation

Electricite de France'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 )
	=	-20776	/	( ( (360967 - 97139)	+	(388132 - 137579) )	/ 2 )
	=	-20776	/	( (263828	+	250553)	/ 2 )
	=	-20776	/	257190.5
	=	-8.08 %

Electricite de France's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	-28122	/	( ( (403787 - 137253)	+	(388132 - 137579) )	/ 2 )
	=	-28122	/	( ( 266534	+	250553 )	/ 2 )
	=	-28122	/	258543.5
	=	-10.88 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

Electricite de France (LTS:0HBA) 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.

Electricite de France ROCE % Related Terms

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Electricite de France (LTS:0HBA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Electricite de France SA (LTS:0HBA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-30, Avenue de Wagram, Paris, FRA, 75382

Website

http://www.edf.com

Electricite de France is one of the world's largest energy companies, controlling the French power grid along with a massive global generation fleet. Its French nuclear fleet comprises 58 plants. It operates the largest power supply business in France, which acts as a broker between generators and retail end users, is a major renewable developer, and holds stakes in other energy businesses globally, including a small but growing Chinese footprint. With the acquisition of Areva's nuclear reactor unit in 2017, EDF became an integrated nuclear developer.

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