South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) ROCE % : 26.00% (As of Dec. 2023)

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What is South Dakota Soybean Processors LLC 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. South Dakota Soybean Processors LLC's annualized ROCE % for the quarter that ended in Dec. 2023 was 26.00%.

South Dakota Soybean Processors LLC ROCE % Historical Data

The historical data trend for South Dakota Soybean Processors LLC'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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South Dakota Soybean Processors LLC ROCE % Chart

South Dakota Soybean Processors LLC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

22.20

43.11

29.07

South Dakota Soybean Processors LLC Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial					35.01	50.83	22.99	31.89	26.00

South Dakota Soybean Processors LLC ROCE % Calculation

South Dakota Soybean Processors LLC'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 )
	=	73.947	/	( ( (311.197 - 121.548)	+	(424.741 - 105.627) )	/ 2 )
	=	73.947	/	( (189.649	+	319.114)	/ 2 )
	=	73.947	/	254.3815
	=	29.07 %

South Dakota Soybean Processors LLC'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	80.124	/	( ( (390.476 - 93.311)	+	(424.741 - 105.627) )	/ 2 )
	=	80.124	/	( ( 297.165	+	319.114 )	/ 2 )
	=	80.124	/	308.1395
	=	26.00 %

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

South Dakota Soybean Processors LLC (OTCPK:SDSYA) 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.

South Dakota Soybean Processors LLC ROCE % Related Terms

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South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » South Dakota Soybean Processors LLC (OTCPK:SDSYA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071

Website

https://www.sdsbp.com

South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. It is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers the soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generate revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy and industrial products. The Company generates most of its revenue by selling soybean meals in USA.

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