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Icahn Enterprises LP ROCE %

: -2.36% (As of Jun. 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. Icahn Enterprises LP's annualized ROCE % for the quarter that ended in Jun. 2022 was -2.36%.


Icahn Enterprises LP ROCE % Historical Data

The historical data trend for Icahn Enterprises LP'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.

Icahn Enterprises LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.97 3.45 -5.19 -8.85 0.40

Icahn Enterprises LP Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROCE % 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 Premium Member Only Premium Member Only Premium Member Only 2.62 -1.21 -13.64 19.27 -2.36

Icahn Enterprises LP ROCE % Calculation

Icahn Enterprises LP's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=88/( ( (24989 - 4312) + (27746 - 4220) )/ 2 )
=88/( (20677+23526)/ 2 )
=88/22101.5
=0.40 %

Icahn Enterprises LP's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-536/( ( (27829 - 4993) + (26895 - 4345) )/ 2 )
=-536/( ( 22836 + 22550 )/ 2 )
=-536/22693
=-2.36 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT 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.


Icahn Enterprises LP  (NAS:IEP) 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.


Icahn Enterprises LP ROCE % Related Terms

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Icahn Enterprises LP Business Description

Icahn Enterprises LP logo
Traded in Other Exchanges
N/A
Address
16690 Collins Avenue, PH-1, Penthouse Suite, Sunny Isles Beach, FL, USA, 33160
Icahn Enterprises LP is a provider of diversified business services in the United States. The company operates its business through varied segments which include Investment, Automotive, Energy, Food Packaging, Real Estate, Pharma, and Home Fashion. Among these, the Energy segment derives maximum revenue from the company. Geographically, it generates maximum revenue from the United States.
Executives
Willetts David director, officer: President and CEO 16690 COLLINS AVENUE - PH-1 SUNNY ISLES BEACH FL 33160
Papapostolou Ted director, officer: CFO & Chief Accounting Officer 16690 COLLINS AVE., SUITE PH-1 SUNNY ISLES BEACH FL 33160
Kekedjian Aris director, officer: President and CEO 655 THIRD AVENUE, 8TH FLOOR 10017 NY 10017
Dunlap Nancy Martori director C/O CVR REFINING, LP 2277 PLAZA DRIVE, SUITE 500 SUGAR LAND TX 77479
Icahn Brett director C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160
Mongillo Stephen A director C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160
Barton Denise director 3149 STERLINGSHIRE DRIVE LAS VEGAS NV 89146
Krongard A B director C/O UNDER ARMOUR, INC. 1020 HULL STREET BALTIMORE MD 21230
Nevin Michael director C/O ICAHN CAPITAL LP 767 FIFTH AVENUE, SUITE 4700 NEW YORK NY 10153
Nelson James Larry director 2747 PARADISE ROAD PH2804 LAS VEGAS NV 89109
Wasserman Jack Gumpert director 510 EAST 86TH STREET NEW YORK NY 10028-7504
Cozza Keith director C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160
Cho Sunghwan officer: Chief Financial Officer C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160
Reck Peter officer: Principal Accounting Officer C/O ICAHN ENTERPRISES L.P. 767 FIFTH AVENUE, SUITE 4600 NEW YORK NY 10153
Ninivaggi Daniel A director, officer: Pres & Principal Exec Officer C/O ICAHN ENTERPRISES L.P. 767 FIFTH AVENUE, SUITE 4600 NEW YORK NY 10153

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