ABG Sundal Collier Holding ASA (ABG Sundal Collier Holding ASA) ROCE % : 19.63% (As of Mar. 2024)

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What is ABG Sundal Collier Holding ASA 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. ABG Sundal Collier Holding ASA's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.63%.

ABG Sundal Collier Holding ASA ROCE % Historical Data

The historical data trend for ABG Sundal Collier Holding ASA'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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ABG Sundal Collier Holding ASA ROCE % Chart

ABG Sundal Collier Holding ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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42.96

65.17

70.64

26.00

29.96

ABG Sundal Collier Holding ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															22.37	15.29	15.28	74.93	19.63

ABG Sundal Collier Holding ASA ROCE % Calculation

ABG Sundal Collier Holding ASA'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 )
	=	42.805	/	( ( (396.465 - 243.922)	+	(371.893 - 238.732) )	/ 2 )
	=	42.805	/	( (152.543	+	133.161)	/ 2 )
	=	42.805	/	142.852
	=	29.96 %

ABG Sundal Collier Holding ASA's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	26.952	/	( ( (371.893 - 238.732)	+	(490.732 - 349.262) )	/ 2 )
	=	26.952	/	( ( 133.161	+	141.47 )	/ 2 )
	=	26.952	/	137.3155
	=	19.63 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

ABG Sundal Collier Holding ASA (OTCPK:ABGSF) 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.

ABG Sundal Collier Holding ASA ROCE % Related Terms

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ABG Sundal Collier Holding ASA (ABG Sundal Collier Holding ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ABG Sundal Collier Holding ASA (OTCPK:ABGSF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ABG:Norway DAB:Germany

Address

Ruselokkveien 26, 8th floor, Oslo, NOR, 0251

Website

https://www.abgsc.se

ABG Sundal Collier Holding ASA is engaged predominantly in the Norwegian capital markets industry. There are three reporting segments representing the following product levels: Corporate Financing, M&A and Advisory and Brokerage and Research. Investment banking and capital markets activities are at the core of the business and have always been a key focus of the firm. Geographically, the company has operations in Norway, Sweden, Denmark, and International, and the majority is from Norway.

ABG Sundal Collier Holding ASA (ABG Sundal Collier Holding ASA) Headlines

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Q4 2023 ABG Sundal Collier Holding ASA Earnings Call Transcript

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