Transnational (NSA:TRCNP) ROCE % : 31.00% (As of Jun. 2024)

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What is Transnational 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. Transnational's annualized ROCE % for the quarter that ended in Jun. 2024 was 31.00%.

Transnational ROCE % Historical Data

The historical data trend for Transnational'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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Transnational ROCE % Chart

Transnational Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.79

7.56

18.23

18.46

29.07

Transnational Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															31.19	20.28	51.91	64.64	31.00

Transnational ROCE % Calculation

Transnational'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 )
	=	75134.466	/	( ( (442702.922 - 200147.184)	+	(529923.719 - 255567.685) )	/ 2 )
	=	75134.466	/	( (242555.738	+	274356.034)	/ 2 )
	=	75134.466	/	258455.886
	=	29.07 %

Transnational'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: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	105422.264	/	( ( (573988.635 - 237348.398)	+	(625121.735 - 281711.095) )	/ 2 )
	=	105422.264	/	( ( 336640.237	+	343410.64 )	/ 2 )
	=	105422.264	/	340025.4385
	=	31.00 %

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

Transnational (NSA:TRCNP) 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.

Transnational ROCE % Related Terms

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Transnational Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Transnational Corp PLC (NSA:TRCNP) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

38 Glover Road, Transnational House, Ikoyi, Lagos, NGA

Website

https://www.transcorpgroup.com

Transnational Corp PLC is a diversified conglomerate. Its business segments are Power, Oil and Gas, Hospitality, Corporate Centre and Agro-allied. The group generates the majority of the revenue from the Power segment. In the Power segment, the company through its subsidiary is engaged in the generation of electric power. The group provides hospitality services to the customers in the Hospitality segment. Oil and Gas segment includes exploration, refining, and marketing of petroleum products, and in the Agro-Allied segment, the group processes fruit concentrates from fruits. Corporate Centre segment is the parent Company, Transnational Corporation of Nigeria Plc, and the other non-operational subsidiaries.

Transnational Headlines

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