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SAV-Rahoitus Oyj (OHEL:SAV1V) ROCE % : -19.19% (As of Jun. 2014)


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What is SAV-Rahoitus Oyj 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. SAV-Rahoitus Oyj's annualized ROCE % for the quarter that ended in Jun. 2014 was -19.19%.


SAV-Rahoitus Oyj ROCE % Historical Data

The historical data trend for SAV-Rahoitus Oyj'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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SAV-Rahoitus Oyj ROCE % Chart

SAV-Rahoitus Oyj Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
ROCE %
Get a 7-Day Free Trial 42.94 39.01 -14.07 -55.71 -19.19

SAV-Rahoitus Oyj Semi-Annual Data
Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
ROCE % Get a 7-Day Free Trial 42.94 39.01 -14.07 -55.71 -19.19

SAV-Rahoitus Oyj ROCE % Calculation

SAV-Rahoitus Oyj's annualized ROCE % for the fiscal year that ended in Jun. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=-0.492/( ( (9.284 - 6.688) + (7.153 - 4.62) )/ 2 )
=-0.492/( (2.596+2.533)/ 2 )
=-0.492/2.5645
=-19.19 %

SAV-Rahoitus Oyj's ROCE % of for the quarter that ended in Jun. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2014 )  (Q: Jun. 2013 )(Q: Jun. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2014 )  (Q: Jun. 2013 )(Q: Jun. 2014 )
=-0.492/( ( (9.284 - 6.688) + (7.153 - 4.62) )/ 2 )
=-0.492/( ( 2.596 + 2.533 )/ 2 )
=-0.492/2.5645
=-19.19 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2014) 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.


SAV-Rahoitus Oyj  (OHEL:SAV1V) 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.


SAV-Rahoitus Oyj ROCE % Related Terms

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SAV-Rahoitus Oyj (OHEL:SAV1V) Business Description

Traded in Other Exchanges
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Address
Savoy-Pankki Oyj is engaged in providing a loan against the vehicle for private individuals. It offers financing solution for consumers directly or indirectly through vehicle resellers.

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