GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Motor Oil (Hellas) Corinth Refineries SA (OTCPK:MOHCF) » Definitions » ROCE %

MOHCF (Motor Oil (Hellas) Corinth Refineries) ROCE % : 8.92% (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Motor Oil (Hellas) Corinth Refineries 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. Motor Oil (Hellas) Corinth Refineries's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.92%.


Motor Oil (Hellas) Corinth Refineries ROCE % Historical Data

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries ROCE % Chart

Motor Oil (Hellas) Corinth Refineries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.77 -4.00 11.06 37.49 21.65

Motor Oil (Hellas) Corinth Refineries 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 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 44.08 10.67 19.40 17.09 8.92

Motor Oil (Hellas) Corinth Refineries ROCE % Calculation

Motor Oil (Hellas) Corinth Refineries'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 )
=1265.876/( ( (7624.935 - 2236.142) + (8258.621 - 1953.087) )/ 2 )
=1265.876/( (5388.793+6305.534)/ 2 )
=1265.876/5847.1635
=21.65 %

Motor Oil (Hellas) Corinth Refineries'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 )
=562.176/( ( (8271.786 - 1982.375) + (8113.321 - 1799.798) )/ 2 )
=562.176/( ( 6289.411 + 6313.523 )/ 2 )
=562.176/6301.467
=8.92 %

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


Motor Oil (Hellas) Corinth Refineries  (OTCPK:MOHCF) 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.


Motor Oil (Hellas) Corinth Refineries ROCE % Related Terms

Thank you for viewing the detailed overview of Motor Oil (Hellas) Corinth Refineries's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Motor Oil (Hellas) Corinth Refineries Business Description

Traded in Other Exchanges
Address
12A, Irodou Attikou Street, Maroussi, GRC, 151 24
Motor Oil (Hellas) Corinth Refineries SA plays a role in the sectors of crude oil refining and marketing of petroleum products in Greece as well as the eastern Mediterranean region, supplying its customers with a wide range of quality products. The refinery with its ancillary plants and fuel distribution facilities forms the privately-owned industrial complex in Greece and its considered one of the modern refineries in Europe. It serves petroleum marketing companies in Greece and internationally. The Group is active in four main operating business segments: Refining Activity, Fuels Marketing Activity, Power and Gas and Other. Its derives maximum revenue from Refining Activity.