Bang & Olufsen AS (LTS:0MRM) ROCE % : 0.34% (As of Aug. 2024)

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What is Bang & Olufsen 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. Bang & Olufsen AS's annualized ROCE % for the quarter that ended in Aug. 2024 was 0.34%.

Bang & Olufsen AS ROCE % Historical Data

The historical data trend for Bang & Olufsen 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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Bang & Olufsen AS ROCE % Chart

Bang & Olufsen AS Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

ROCE %

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-25.44

-0.79

1.03

-9.22

4.21

Bang & Olufsen AS Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															9.46	9.44	6.73	-8.74	0.34

Bang & Olufsen AS ROCE % Calculation

Bang & Olufsen AS's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	50	/	( ( (2385 - 1202)	+	(2297 - 1105) )	/ 2 )
	=	50	/	( (1183	+	1192)	/ 2 )
	=	50	/	1187.5
	=	4.21 %

Bang & Olufsen AS's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	4	/	( ( (2297 - 1105)	+	(2183 - 1018) )	/ 2 )
	=	4	/	( ( 1192	+	1165 )	/ 2 )
	=	4	/	1178.5
	=	0.34 %

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

Bang & Olufsen AS (LTS:0MRM) 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.

Bang & Olufsen AS ROCE % Related Terms

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Bang & Olufsen AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bang & Olufsen AS (LTS:0MRM) » Definitions » ROCE %

Traded in Other Exchanges

BGOUF:USA BO:Denmark BUOB:Germany

Address

Bang og Olufsen Alle 1, Struer, DNK, DK-7600

Website

http://www.bang-olufsen.com

Bang & Olufsen AS designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from EMEA, Followed by Americas, and APAC. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

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