GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Annehem Fastigheter AB (OSTO:ANNE B) » Definitions » ROCE %

Annehem Fastigheter AB (OSTO:ANNE B) ROCE % : 2.45% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Annehem Fastigheter AB 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. Annehem Fastigheter AB's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.45%.


Annehem Fastigheter AB ROCE % Historical Data

The historical data trend for Annehem Fastigheter AB'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.

* Premium members only.

Annehem Fastigheter AB ROCE % Chart

Annehem Fastigheter AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 13.34 5.77 7.82 7.65 -2.74

Annehem Fastigheter AB Quarterly Data
Dec17 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.71 -8.14 -0.72 -4.67 2.45

Annehem Fastigheter AB ROCE % Calculation

Annehem Fastigheter AB'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 )
=-119.8/( ( (4684 - 316.4) + (4610.7 - 223.5) )/ 2 )
=-119.8/( (4367.6+4387.2)/ 2 )
=-119.8/4377.4
=-2.74 %

Annehem Fastigheter AB's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=105.6/( ( (4534.8 - 316.5) + (4610.7 - 223.5) )/ 2 )
=105.6/( ( 4218.3 + 4387.2 )/ 2 )
=105.6/4302.75
=2.45 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


Annehem Fastigheter AB  (OSTO:ANNE B) 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.


Annehem Fastigheter AB ROCE % Related Terms

Thank you for viewing the detailed overview of Annehem Fastigheter AB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Annehem Fastigheter AB (OSTO:ANNE B) Business Description

Traded in Other Exchanges
N/A
Address
Drottning Kristinas Esplanad 2, Solna, SWE, SE-170 67
Annehem Fastigheter AB develops and manages properties in the Oresund region. It develops a portfolio of residential buildings, shops, offices, health properties, and day centers. The group's operations are divided into two operating segments: Capital Region (Stockholm, Oslo, Helsinki) and South Region (Malmo, Gothenburg, Angelholm). It generates the majority of its revenue from the Capital Region.

Annehem Fastigheter AB (OSTO:ANNE B) Headlines

No Headlines