Borgestad ASA (OSL:BOR) ROCE % : 18.13% (As of Sep. 2024)

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What is Borgestad ASA 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. Borgestad ASA's annualized ROCE % for the quarter that ended in Sep. 2024 was 18.13%.

Borgestad ASA ROCE % Historical Data

The historical data trend for Borgestad ASA'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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Borgestad ASA ROCE % Chart

Borgestad ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.09

-8.74

1.25

-7.69

1.30

Borgestad ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-9.27	7.00	0.34	13.29	18.13

Borgestad ASA ROCE % Calculation

Borgestad ASA'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 )
	=	14.627	/	( ( (1466.558 - 344.718)	+	(1406.378 - 272.984) )	/ 2 )
	=	14.627	/	( (1121.84	+	1133.394)	/ 2 )
	=	14.627	/	1127.617
	=	1.30 %

Borgestad ASA'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	213.268	/	( ( (1480.178 - 336.085)	+	(1525.65 - 317.137) )	/ 2 )
	=	213.268	/	( ( 1144.093	+	1208.513 )	/ 2 )
	=	213.268	/	1176.303
	=	18.13 %

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

Borgestad ASA (OSL:BOR) 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.

Borgestad ASA ROCE % Related Terms

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Borgestad ASA Business Description

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0DTO:UK

Address

Gunnar Knudsensveg 144, Skien, NOR, 3712

Website

https://www.borgestad.no

Borgestad ASA operates as an investment company that invests in real estate and refractory industry. The company generates a majority of its revenue from the Refractory segment which develops, manufactures, and delivers refractory products, installations, and concept solutions to industrial customers through its portfolio company. The refractory materials can be defined as bricks or monolithics, and are produced in many different varieties depending on the area of use. The company's real estate segment represents its investment in the Agora Bytom shopping center in Bytom, Poland. Geographically, the company derives key revenue from Sweden followed by Norway, Finland, Poland, and other regions.

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