Seker Finansal Kiralama AS (IST:SEKFK) ROCE % : 16.21% (As of Sep. 2024)

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What is Seker Finansal Kiralama 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. Seker Finansal Kiralama AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 16.21%.

Seker Finansal Kiralama AS ROCE % Historical Data

The historical data trend for Seker Finansal Kiralama 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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Seker Finansal Kiralama AS ROCE % Chart

Seker Finansal Kiralama AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-10.04

-11.19

-11.78

3.91

-5.36

Seker Finansal Kiralama AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															37.48	-39.42	6.28	21.10	16.21

Seker Finansal Kiralama AS ROCE % Calculation

Seker Finansal Kiralama AS'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 )
	=	-44.464	/	( ( (1517.528 - 777.367)	+	(2317.372 - 1398.71) )	/ 2 )
	=	-44.464	/	( (740.161	+	918.662)	/ 2 )
	=	-44.464	/	829.4115
	=	-5.36 %

Seker Finansal Kiralama AS's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	205.772	/	( ( (2744.563 - 1515.38)	+	(2912.281 - 1602.392) )	/ 2 )
	=	205.772	/	( ( 1229.183	+	1309.889 )	/ 2 )
	=	205.772	/	1269.536
	=	16.21 %

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

Seker Finansal Kiralama AS (IST:SEKFK) 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.

Seker Finansal Kiralama AS ROCE % Related Terms

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Seker Finansal Kiralama AS Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Seker Finansal Kiralama AS (IST:SEKFK) » Definitions » ROCE %

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Address

Buyukdere Caddesi, Metrocity Is Merkezi, A Block:171, Kat:8 Esentepe- Sisli, Istanbul, TUR

Website

http://www.sekerleasing.com.tr

Seker Finansal Kiralama AS is a Turkey-based company engaged in financial leasing activities. The Company offers rental and leasing services individuals, enterprises and partnerships planning to invest in medical equipment, computers and related information technology products, communications equipment, cargo ships, tankers and other sea freight equipment, construction equipment and machinery, printing and textile equipment, as well as hospital, hotel, and office equipment. All the activities are functioned through the region of Turkey.

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