Market Cap : 57.62 B | Enterprise Value : 141.54 B | PE Ratio : 7.50 | PB Ratio : 0.94 |
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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. General Motors Co's annualized ROCE % for the quarter that ended in Jun. 2022 was 5.47%.
The historical data trend for General Motors Co'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.
General Motors Co'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 ) | |||||
= | 13666 | / | ( ( (235194 - 79910) | + | (244718 - 74408) ) | / 2 ) | |
= | 13666 | / | ( (155284 | + | 170310) | / 2 ) | |
= | 13666 | / | 162797 | ||||
= | 8.39 % |
General Motors Co'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 ) | |||||
= | 9464 | / | ( ( (251492 - 79555) | + | (253517 - 79398) ) | / 2 ) | |
= | 9464 | / | ( ( 171937 | + | 174119 ) | / 2 ) | |
= | 9464 | / | 173028 | ||||
= | 5.47 % |
(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.
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.
Thank you for viewing the detailed overview of General Motors Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bhusri Aneel | director | |
Tatum Mark A. | director | 300 RENAISSANCE CENTER M/C: 482-C24-A68 DETROIT MI 48265 |
Whitman Margaret C | director | EBAY INC. 2145 HAMILTON AVENUE SAN JOSE CA 95125 |
Carlisle Stephen K. | officer: Executive Vice President | 300 RENAISSANCE CENTER M/C: 482-C24-A68 DETROIT MI 48265 |
Jacobson Paul A | officer: Executive Vice President & CFO | 300 RENAISSANCE CENTER M/C: 482-C24-A68 DETROIT MI 48265 |
Stapleton John P. | officer: CFO | 300 RENAISSANCE CENTER M/C: 482-C24-A68 DETROIT MI 48265 |
Blissett Julian G. | officer: Executive Vice President | 300 RENAISSANCE CENTER M/C: 482-C24-A68 DETROIT MI 48265 |
Parks Douglas L | officer: Executive Vice President | 300 RENAISSANCE CENTER M/C: 482-C23-A68 DETROIT MI 48265 |
Johnson Gerald | officer: Executive Vice President | 300 RENAISSANCE CENTER M/C: 482-C23-A68 DETROIT MI 48265 |
Bush Wesley G | director | 333 MAPLE AVENUE EAST #3080 VIENNA VA 22180 |
Miscik Judith A | director | 300 RENAISSANCE CENTER M/C: 482-C24-A68 DETROIT MI 48265 |
Suryadevara Dhivya | officer: Executive Vice President & CFO | 300 RENAISSANCE CENTER M/C: 482-C23-A68 DETROIT MI 48265 |
Hatto Christopher | officer: VP, Controller & CAO | 27175 HAGGERTY ROAD NOVI MI 49377 |
Wenig Devin | director | C/O EBAY INC. 2025 HAMILTON AVENUE SAN JOSE CA 95125 |
Boler-davis Alicia S | officer: Executive Vice President | 300 RENAISSANCE CENTER M/C: 482-C23-D24 DETROIT MI 48265-3000 |
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