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Saratovenergo PJSC (MIC:SARE) ROCE % : 0.00% (As of Sep. 2023)


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What is Saratovenergo 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. Saratovenergo PJSC's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.


Saratovenergo PJSC ROCE % Historical Data

The historical data trend for Saratovenergo 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.

* Premium members only.

Saratovenergo PJSC ROCE % Chart

Saratovenergo PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.90 81.25 73.13 42.61 83.78

Saratovenergo PJSC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Sep22 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.81 - 88.31 - -

Saratovenergo PJSC ROCE % Calculation

Saratovenergo PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=227.431/( ( (3178.986 - 2976.558) + (2894.763 - 2554.298) )/ 2 )
=227.431/( (202.428+340.465)/ 2 )
=227.431/271.4465
=83.78 %

Saratovenergo PJSC's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=0/( ( (0 - 0) + (2492.04 - 2037.23) )/ 1 )
=0/( ( 0 + 454.81 )/ 1 )
=0/454.81
=0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

* 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.


Saratovenergo PJSC  (MIC:SARE) 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.


Saratovenergo PJSC ROCE % Related Terms

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Saratovenergo PJSC (MIC:SARE) Business Description

Traded in Other Exchanges
N/A
Address
Street them. Rakhova V.G., d. 181, Saratov, RUS, 410005
Saratovenergo PJSC is engaged in the production, transmission, distribution, and sale of electricity and thermal energy and related products.

Saratovenergo PJSC (MIC:SARE) Headlines

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