Severstal PAO (MIC:CHMF) ROCE % : 0.00% (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Severstal PAO 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. Severstal PAO's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Severstal PAO ROCE % Historical Data

The historical data trend for Severstal PAO'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.

Severstal PAO ROCE % Chart

Severstal PAO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

39.61

25.89

88.78

28.39

39.60

Severstal PAO 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															83.23	-	-	-	-

Severstal PAO ROCE % Calculation

Severstal PAO'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 )
	=	255987	/	( ( (729835 - 152020)	+	(994115 - 279226) )	/ 2 )
	=	255987	/	( (577815	+	714889)	/ 2 )
	=	255987	/	646352
	=	39.60 %

Severstal PAO's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (867680 - 206282)	+	(994115 - 279226) )	/ 2 )
	=	0	/	( ( 661398	+	714889 )	/ 2 )
	=	0	/	688143.5
	=	0.00 %

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

Severstal PAO (MIC:CHMF) 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.

Severstal PAO ROCE % Related Terms

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

Severstal PAO (MIC:CHMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Severstal PAO (MIC:CHMF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Klary Tsetkin Street, 2, Moscow, RUS, 127299

Website

https://www.severstal.com

Severstal PAO is a vertically integrated steel and mining company in Russia. The company has two operating divisions: Severstal Resources and Severstal Russian Steel. Its core asset is the Cherepovets steel mill, which is located within easy access of the company's mining operations, the Baltic ports, and Russia's industrial heartland. The company produces iron ore pellets, iron ore concentrates, crushed stones, ferrite strontium powder, coking & steam coal, and coking coal concentrate. These materials are provided to six industry categories: construction and service processing, tube and pipe, oil and gas, machinery, autos, and others. Construction and service processing accounts for a majority of sales. Severstal generates most of its revenue in Russia.

Severstal PAO (MIC:CHMF) Headlines

No Headlines