Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) ROCE % : -12.48% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Naturel Yenilenebilir Enerji Ticaret 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. Naturel Yenilenebilir Enerji Ticaret's annualized ROCE % for the quarter that ended in Dec. 2023 was -12.48%.

Naturel Yenilenebilir Enerji Ticaret ROCE % Historical Data

The historical data trend for Naturel Yenilenebilir Enerji Ticaret'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.

Naturel Yenilenebilir Enerji Ticaret ROCE % Chart

Naturel Yenilenebilir Enerji Ticaret Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

20.61

13.81

33.56

-7.13

3.09

Naturel Yenilenebilir Enerji Ticaret Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-47.90	27.82	2.69	2.48	-12.48

Naturel Yenilenebilir Enerji Ticaret ROCE % Calculation

Naturel Yenilenebilir Enerji Ticaret'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 )
	=	378.675	/	( ( (13899.489 - 1718.064)	+	(13988.764 - 1694.397) )	/ 2 )
	=	378.675	/	( (12181.425	+	12294.367)	/ 2 )
	=	378.675	/	12237.896
	=	3.09 %

Naturel Yenilenebilir Enerji Ticaret'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 )
	=	-1479.928	/	( ( (13043.973 - 1623.495)	+	(13988.764 - 1694.397) )	/ 2 )
	=	-1479.928	/	( ( 11420.478	+	12294.367 )	/ 2 )
	=	-1479.928	/	11857.4225
	=	-12.48 %

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

Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) 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.

Naturel Yenilenebilir Enerji Ticaret ROCE % Related Terms

Thank you for viewing the detailed overview of Naturel Yenilenebilir Enerji Ticaret's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1450 Sokak ATM Plaza B Blok Number 1/68-69, Kizilirmak Mahallesi, Cukurambar, Ankara, TUR

Website

https://www.naturelenerji.com.tr

Naturel Yenilenebilir Enerji Ticaret is a Turkey-based company engaged in the business of Renewable energy. The electricity generation services offered by the company include Common services, Wind Plants, Solar Plants, and Geo-Thermal Plants among others. It also offers other services such as Wind Measurement, Solar Measurement, and solutions for power transmission lines.

Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) Headlines

No Headlines