Copenhagen Capital AS (OCSE:CPHCAP ST) ROCE % : 5.20% (As of Jun. 2024)

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What is Copenhagen Capital AS 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. Copenhagen Capital AS's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.20%.

Copenhagen Capital AS ROCE % Historical Data

The historical data trend for Copenhagen Capital AS'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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Copenhagen Capital AS ROCE % Chart

Copenhagen Capital AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.51

5.86

21.82

14.76

-8.14

Copenhagen Capital AS Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															22.78	6.67	-6.10	-10.10	5.20

Copenhagen Capital AS ROCE % Calculation

Copenhagen Capital AS'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 )
	=	-85.497	/	( ( (1127.512 - 45.457)	+	(1074.018 - 55.217) )	/ 2 )
	=	-85.497	/	( (1082.055	+	1018.801)	/ 2 )
	=	-85.497	/	1050.428
	=	-8.14 %

Copenhagen Capital AS'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: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	53.456	/	( ( (1074.018 - 55.217)	+	(1082.088 - 43.808) )	/ 2 )
	=	53.456	/	( ( 1018.801	+	1038.28 )	/ 2 )
	=	53.456	/	1028.5405
	=	5.20 %

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

Copenhagen Capital AS (OCSE:CPHCAP ST) 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.

Copenhagen Capital AS ROCE % Related Terms

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Copenhagen Capital AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Copenhagen Capital AS (OCSE:CPHCAP ST) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Niels Hemmingsens Gade 4, København, DNK, 1153

Website

https://www.copenhagencapital.dk

Copenhagen Capital AS is an investment company. The Company invests in real estate and make direct and indirect investments based on analyzes of the properties options, location and condition. It also invests in leasing of housing and housing commercial real estate in Copenhagen.

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