Green Plains (LTS:0J0P) ROCE % : 16.19% (As of Sep. 2024)

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What is Green Plains 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. Green Plains's annualized ROCE % for the quarter that ended in Sep. 2024 was 16.19%.

Green Plains ROCE % Historical Data

The historical data trend for Green Plains'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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Green Plains ROCE % Chart

Green Plains Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-10.46

-10.61

1.72

-3.97

-2.80

Green Plains 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															7.31	5.28	-11.12	-4.38	16.19

Green Plains ROCE % Calculation

Green Plains'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 )
	=	-44.646	/	( ( (2123.131 - 486.922)	+	(1939.322 - 384.962) )	/ 2 )
	=	-44.646	/	( (1636.209	+	1554.36)	/ 2 )
	=	-44.646	/	1595.2845
	=	-2.80 %

Green Plains'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 )
	=	233.068	/	( ( (1763.6 - 328.464)	+	(1759.954 - 316.122) )	/ 2 )
	=	233.068	/	( ( 1435.136	+	1443.832 )	/ 2 )
	=	233.068	/	1439.484
	=	16.19 %

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

Green Plains (LTS:0J0P) 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.

Green Plains ROCE % Related Terms

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Green Plains Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Green Plains Inc (LTS:0J0P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GPRE:USA G3V:Germany G3V:Germany

Address

1811 Aksarben Drive, Omaha, NE, USA, 68106

Website

https://www.gpreinc.com

Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, distillers grains, Ultra-High Protein and renewable corn oil. The agribusiness and energy services segment includes grain handling and storage, commodity marketing and merchant trading for company-produced and third-party ethanol, distillers grains, Ultra-High Protein, renewable corn oil, natural gas and other commodities. The partnership segment provides fuel storage and transportation services.

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