Kazan Organicheskysintez PJSC (MIC:KZOS) ROCE % : 11.39% (As of Dec. 2023)

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What is Kazan Organicheskysintez PJSC 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. Kazan Organicheskysintez PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.39%.

Kazan Organicheskysintez PJSC ROCE % Historical Data

The historical data trend for Kazan Organicheskysintez PJSC'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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Kazan Organicheskysintez PJSC ROCE % Chart

Kazan Organicheskysintez PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec23

ROCE %

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35.43

40.32

22.02

15.93

19.06

Kazan Organicheskysintez PJSC Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															16.12	17.33	50.87	22.07	11.39

Kazan Organicheskysintez PJSC ROCE % Calculation

Kazan Organicheskysintez PJSC'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. 2020 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2020 )		(A: Dec. 2023 )
	=	21525	/	( ( (75083 - 7167)	+	(167190 - 9273) )	/ 2 )
	=	21525	/	( (67916	+	157917)	/ 2 )
	=	21525	/	112916.5
	=	19.06 %

Kazan Organicheskysintez PJSC'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	17676	/	( ( (178299 - 25849)	+	(167190 - 9273) )	/ 2 )
	=	17676	/	( ( 152450	+	157917 )	/ 2 )
	=	17676	/	155183.5
	=	11.39 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Kazan Organicheskysintez PJSC (MIC:KZOS) 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.

Kazan Organicheskysintez PJSC ROCE % Related Terms

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Kazan Organicheskysintez PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kazan Organicheskysintez PJSC (MIC:KZOS) » Definitions » ROCE %

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KZOSP:Russia

Address

Belomorskaya Street 101, Republic of Tatarstan, Kazan, RUS, 420051

Website

http://www.kazanorgsintez.com

Kazan Organicheskysintez PJSC formerly Kazanorgsintez PJSC and its subsidiaries is in the production of chemical products and derivatives mainly ethylene polymers and co-polymers which are marketed and sold mainly in Russian federation. The company's main facilities are located in Kazan, Republic of Tatarstan and Russian federation.

Kazan Organicheskysintez PJSC Headlines

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