Celik Halat ve Telnayii AS (IST:CELHA) ROCE % : -3.14% (As of Dec. 2024)

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What is Celik Halat ve Telnayii AS 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. Celik Halat ve Telnayii AS's annualized ROCE % for the quarter that ended in Dec. 2024 was -3.14%.

Celik Halat ve Telnayii AS ROCE % Historical Data

The historical data trend for Celik Halat ve Telnayii AS'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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Celik Halat ve Telnayii AS ROCE % Chart

Celik Halat ve Telnayii AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-10.55

33.20

51.30

97.20

3.41

Celik Halat ve Telnayii AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															290.96	35.37	73.27	-22.53	-3.14

Celik Halat ve Telnayii AS ROCE % Calculation

Celik Halat ve Telnayii AS's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	70.581	/	( ( (1489.99 - 1121.17)	+	(4621.056 - 846.611) )	/ 2 )
	=	70.581	/	( (368.82	+	3774.445)	/ 2 )
	=	70.581	/	2071.6325
	=	3.41 %

Celik Halat ve Telnayii AS's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-75.996	/	( ( (1989.055 - 927.302)	+	(4621.056 - 846.611) )	/ 2 )
	=	-75.996	/	( ( 1061.753	+	3774.445 )	/ 2 )
	=	-75.996	/	2418.099
	=	-3.14 %

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

Celik Halat ve Telnayii AS (IST:CELHA) 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.

Celik Halat ve Telnayii AS ROCE % Related Terms

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Celik Halat ve Telnayii AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Celik Halat ve Tel Sanayii AS (IST:CELHA) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Ertugrul Gazi Mahallesi Sehitler Caddesi, No:2 Kartepe, Kocaeli, TUR, 41180

Website

http://www.celikhalat.com.tr

Celik Halat ve Tel Sanayii AS is engaged in manufacturing high carbon wire and steel wire ropes. Its products portfolio includes steel wire ropes consisting of Crane Ropes, Chairlift Ropes, Marine Ropes, Mining Ropes, Elevator Ropes, and special ropes; galvanized wire, bead wire, mechanical spring wire; prestressed concrete strand, concrete strand, and concrete wire. Its products are used in various sectors including mining, construction, tire, bead, energy, fishery and other manufacturing industries. Its products are exported to the USA, Canada, Holland, Romania, Serbia, Spain, Italy and other European Countries, Turkmenistan, Azerbaijan and other Turkic Republics.

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