Lenzoloto PJSC (MIC:LNZLP) ROCE % : -4.15% (As of Jun. 2024)

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What is Lenzoloto 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. Lenzoloto PJSC's annualized ROCE % for the quarter that ended in Jun. 2024 was -4.15%.

Lenzoloto PJSC ROCE % Historical Data

The historical data trend for Lenzoloto 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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Lenzoloto PJSC ROCE % Chart

Lenzoloto PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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19.94

-0.08

-0.28

-0.38

-0.55

Lenzoloto PJSC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
ROCE %	Get a 7-Day Free Trial															-1.10	-0.28	-0.60	-1.71	-4.15

Lenzoloto PJSC ROCE % Calculation

Lenzoloto PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-17	/	( ( (5040 - 295)	+	(1686 - 278) )	/ 2 )
	=	-17	/	( (4745	+	1408)	/ 2 )
	=	-17	/	3076.5
	=	-0.55 %

Lenzoloto PJSC's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	-66	/	( ( (1744 - 345)	+	(1820 - 40) )	/ 2 )
	=	-66	/	( ( 1399	+	1780 )	/ 2 )
	=	-66	/	1589.5
	=	-4.15 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Lenzoloto PJSC (MIC:LNZLP) 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.

Lenzoloto PJSC ROCE % Related Terms

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Lenzoloto PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lenzoloto PJSC (MIC:LNZLP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LNZL:Russia

Address

Bodaibo ul. Mira, 4, Irkutsk Region, Bodaibo, RUS, 666904

Website

http://www.len-zoloto.ru

Lenzoloto PJSC is gold producer in Russia. The company is located in Irkutsk region.

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