Aventura Group AB (OSTO:AVENT B) ROCE % : 0.00% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Aventura Group 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. Aventura Group AB's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Aventura Group AB ROCE % Historical Data

The historical data trend for Aventura Group 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.

Aventura Group AB ROCE % Chart

Aventura Group AB Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-15.38

-103.89

-453.35

Aventura Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial										-12.95	-	-	-	-

Aventura Group AB ROCE % Calculation

Aventura Group AB's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-17.089	/	( ( (22.983 - 10.116)	+	(15.096 - 20.424) )	/ 2 )
	=	-17.089	/	( (12.867	+	-5.328)	/ 2 )
	=	-17.089	/	3.7695
	=	-453.35 %

Aventura Group AB's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	1.304	/	( ( (4.269 - 12.592)	+	(3.383 - 11.925) )	/ 2 )
	=	1.304	/	( ( -8.323	+	-8.542 )	/ 2 )
	=	1.304	/	-8.4325
	=	0 %

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

Aventura Group AB (OSTO:AVENT 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.

Aventura Group AB ROCE % Related Terms

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

Aventura Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aventura Group AB (OSTO:AVENT B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

David Bagares gata 7, Stockholm, SWE, 111 36

Website

http://www.aventura.group

Aventura Group AB is a digital brand and e-commerce group focused on the Chinese consumer market. Aventura Group develops and invests in brands with good potential in China and platforms for scaling brands in the market. Its current portfolio includes the subsidiaries Aventura, TicToc Ventures, Aurora Beauty and Headway B2B. The firm has offices in Stockholm, Shanghai, and Hong Kong.

Aventura Group AB Headlines

No Headlines