GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » AmeriGas Partners LP (NYSE:APU) » Definitions » ROCE %

AmeriGas Partners LP (AmeriGas Partners LP) ROCE % : -0.83% (As of Jun. 2019)


View and export this data going back to 1995. Start your Free Trial

What is AmeriGas Partners LP 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. AmeriGas Partners LP's annualized ROCE % for the quarter that ended in Jun. 2019 was -0.83%.


AmeriGas Partners LP ROCE % Historical Data

The historical data trend for AmeriGas Partners 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.

AmeriGas Partners LP ROCE % Chart

AmeriGas Partners LP Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.23 10.40 10.61 9.45 10.75

AmeriGas Partners LP Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
ROCE % Get a 7-Day Free Trial 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 -3.87 1.25 10.94 32.50 -0.83

AmeriGas Partners LP ROCE % Calculation

AmeriGas Partners LP's annualized ROCE % for the fiscal year that ended in Sep. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2018 )  (A: Sep. 2017 )(A: Sep. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2018 )  (A: Sep. 2017 )(A: Sep. 2018 )
=361.342/( ( (4059.261 - 581.532) + (3925.818 - 678.028) )/ 2 )
=361.342/( (3477.729+3247.79)/ 2 )
=361.342/3362.7595
=10.75 %

AmeriGas Partners LP's ROCE % of for the quarter that ended in Jun. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=-27.032/( ( (3981.919 - 659.132) + (3791.339 - 604.371) )/ 2 )
=-27.032/( ( 3322.787 + 3186.968 )/ 2 )
=-27.032/3254.8775
=-0.83 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2019) 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.


AmeriGas Partners LP  (NYSE:APU) 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.


AmeriGas Partners LP ROCE % Related Terms

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


AmeriGas Partners LP (AmeriGas Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
460 North Gulph Road, King of Prussia, PA, USA, 19406
AmeriGas Partners is the largest retail propane marketer in the United States. The company sells about 1.1 billion gallons of propane annually to 1.8 million customers across a diverse footprint in all 50 states. AmeriGas also sells, installs, and services propane appliances, including heating systems. Its general partner is AmeriGas Inc., a wholly owned subsidiary of UGI.
Executives
Ann P Kelly officer: VP Finance and CFO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Frank S Hermance director AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Marvin O Schlanger director C/O LYONDELLBASELL INDUSTRIES N.V., STATIONSPLEIN 45, ROTTERDAM P7 3013AK
John R. Hartmann director 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Anne Pol director
Hugh J. Gallagher officer: President & CEO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
K Rick Turner director 111 CENTER ST, STE 2500, LITTLE ROCK AR 72201
Brian R. Ford director 1 MILFORD WAY, MEDFORD NJ 08055
Pedro A Ramos director C/O FS INVESTMENT CORPORATION, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Roger Perreault officer: EVP, Global LPG of GP parent 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
John L Walsh director, officer: Chairman 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
William J Marrazzo director
Laurie Bergman officer: Controller & CAO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Thaddeus J Jastrzebski officer: Principal Financial Officer THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Jerry E Sheridan director, officer: President & CEO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406

AmeriGas Partners LP (AmeriGas Partners LP) Headlines