IPAS Indexo (ORSE:IDX1R) ROCE % : -35.15% (As of Dec. 2024)

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What is IPAS Indexo 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. IPAS Indexo's annualized ROCE % for the quarter that ended in Dec. 2024 was -35.15%.

IPAS Indexo ROCE % Historical Data

The historical data trend for IPAS Indexo'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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IPAS Indexo ROCE % Chart

IPAS Indexo Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-3.01

0.59

-25.32

-40.20

-45.83

IPAS Indexo Quarterly Data
	Dec18	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial												-50.35	-28.46	-21.53	-28.47	-35.15

IPAS Indexo ROCE % Calculation

IPAS Indexo's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-4.838	/	( ( (7.316 - 1.216)	+	(48.44 - 33.429) )	/ 2 )
	=	-4.838	/	( (6.1	+	15.011)	/ 2 )
	=	-4.838	/	10.5555
	=	-45.83 %

IPAS Indexo's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-7.052	/	( ( (26.265 - 1.151)	+	(48.44 - 33.429) )	/ 2 )
	=	-7.052	/	( ( 25.114	+	15.011 )	/ 2 )
	=	-7.052	/	20.0625
	=	-35.15 %

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

IPAS Indexo (ORSE:IDX1R) 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.

IPAS Indexo ROCE % Related Terms

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IPAS Indexo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IPAS Indexo (ORSE:IDX1R) » Definitions » ROCE %

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Address

Roberta Hirsa 1, Riga, LVA, LV-1045

Website

https://www.indexo.lv

IPAS Indexo is a licensed investment management company. It provides asset management services to state-funded pension scheme plans and private pension plans. The company has two segments, Asset management: Includes management of the assets of state-funded pension scheme investment plans and private pension scheme investment plans, which generates the majority of its revenue, and Banking development: Includes all the revenues, costs and main balance sheet items for the Banking activities.

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