Ldr Turizm Anonim Sirketi (IST:LIDER) ROCE % : 14.74% (As of Jun. 2024)

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What is Ldr Turizm Anonim Sirketi 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. Ldr Turizm Anonim Sirketi's annualized ROCE % for the quarter that ended in Jun. 2024 was 14.74%.

Ldr Turizm Anonim Sirketi ROCE % Historical Data

The historical data trend for Ldr Turizm Anonim Sirketi'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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Ldr Turizm Anonim Sirketi ROCE % Chart

Ldr Turizm Anonim Sirketi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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34.59

53.42

55.39

70.54

29.58

Ldr Turizm Anonim Sirketi Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial												110.78	120.62	4.40	24.17	14.74

Ldr Turizm Anonim Sirketi ROCE % Calculation

Ldr Turizm Anonim Sirketi'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 )
	=	1065.356	/	( ( (4183.426 - 924.005)	+	(4893.408 - 950.555) )	/ 2 )
	=	1065.356	/	( (3259.421	+	3942.853)	/ 2 )
	=	1065.356	/	3601.137
	=	29.58 %

Ldr Turizm Anonim Sirketi's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	758.276	/	( ( (6026.395 - 1094.065)	+	(6387.086 - 1029.227) )	/ 2 )
	=	758.276	/	( ( 4932.33	+	5357.859 )	/ 2 )
	=	758.276	/	5145.0945
	=	14.74 %

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

Ldr Turizm Anonim Sirketi (IST:LIDER) 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.

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Ldr Turizm Anonim Sirketi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ldr Turizm Anonim Sirketi (IST:LIDER) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plaza Ayazaga Yolu No:7 K:14, Maslak, Istanbul, TUR

Website

https://www.liderfilo.com.tr

Ldr Turizm Anonim Sirketi provides its customers with long-term specialized car rental services within the framework of financial and technological developments. The services offered by the company include 24/7 professional assistance & roadside assistance, backup vehicles, maintenance & repair, examination, tire management, penalty management, and valet service.

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