Alrosa PJSC (MIC:ALRS) ROCE % : 29.86% (As of Jun. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Alrosa PJSC 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. Alrosa PJSC's annualized ROCE % for the quarter that ended in Jun. 2023 was 29.86%.

Alrosa PJSC ROCE % Historical Data

The historical data trend for Alrosa PJSC'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.

Alrosa PJSC ROCE % Chart

Alrosa PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

25.72

13.57

31.31

31.51

23.92

Alrosa PJSC Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															20.94	50.29	-	29.86	-

Alrosa PJSC ROCE % Calculation

Alrosa PJSC'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 )
	=	113729	/	( ( (520633 - 62142)	+	(596617 - 104372) )	/ 2 )
	=	113729	/	( (458491	+	492245)	/ 2 )
	=	113729	/	475368
	=	23.92 %

Alrosa PJSC's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	141820	/	( ( (520633 - 62142)	+	(586023 - 94734) )	/ 2 )
	=	141820	/	( ( 458491	+	491289 )	/ 2 )
	=	141820	/	474890
	=	29.86 %

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

Alrosa PJSC (MIC:ALRS) 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.

Alrosa PJSC ROCE % Related Terms

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

Alrosa PJSC (MIC:ALRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alrosa PJSC (MIC:ALRS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6, Lenin Street, Republic of Sakha (Yakutia), Mirny, RUS, 678174

Website

https://www.alrosa.ru/en

Alrosa PJSC is a Russian-based company that operates in the diamond mining business. It is engaged in the business activity of exploration, production, processing, marketing, and sale of raw and cut diamonds. The group operates mining facilities in Mirny, Udachny, Aikhal, Nyurba, and Anabar (located in Eastern Siberia) and the Arkhangelsk Region. In addition, the firm is also involved in transportation, social infrastructure, construction activity, trading, electricity production, and various other activities. The company derives the majority of its revenue from the sale of diamonds.