Asuntosalkku (OHEL:ASUNTO) ROCE % : -1.19% (As of Sep. 2024)

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What is Asuntosalkku 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. Asuntosalkku's annualized ROCE % for the quarter that ended in Sep. 2024 was -1.19%.

Asuntosalkku ROCE % Historical Data

The historical data trend for Asuntosalkku'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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Asuntosalkku ROCE % Chart

Asuntosalkku Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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4.13

6.60

13.59

-3.37

-2.37

Asuntosalkku Semi-Annual Data
	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial					1.33	-4.24	-1.85	-4.45	-1.19

Asuntosalkku ROCE % Calculation

Asuntosalkku's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	-5.341	/	( ( (288.674 - 104.511)	+	(270.927 - 4.958) )	/ 2 )
	=	-5.341	/	( (184.163	+	265.969)	/ 2 )
	=	-5.341	/	225.066
	=	-2.37 %

Asuntosalkku'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-2.646	/	( ( (281.045 - 103.851)	+	(270.927 - 4.958) )	/ 2 )
	=	-2.646	/	( ( 177.194	+	265.969 )	/ 2 )
	=	-2.646	/	221.5815
	=	-1.19 %

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

Asuntosalkku (OHEL:ASUNTO) 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.

Asuntosalkku ROCE % Related Terms

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Asuntosalkku Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Asuntosalkku PLC (OHEL:ASUNTO) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Ilmalankuja 2, Helsinki, FIN, 00240

Website

https://www.asuntosalkku.fi

Asuntosalkku PLC is a housing investment company. The portfolio includes approximately 2,000 selected small individual apartments located in well-located residential buildings, mainly in the Helsinki metropolitan area in Finland and in Tallinn, Estonia.

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