Cdon AB (OSTO:CDON) ROCE % : -12.22% (As of Sep. 2024)

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What is Cdon 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. Cdon AB's annualized ROCE % for the quarter that ended in Sep. 2024 was -12.22%.

Cdon AB ROCE % Historical Data

The historical data trend for Cdon 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.

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Cdon AB ROCE % Chart

Cdon AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.93

-5.90

-48.41

-115.75

-17.46

Cdon AB 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															-11.68	-9.56	-15.63	-20.73	-12.22

Cdon AB ROCE % Calculation

Cdon 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 )
	=	-66.6	/	( ( (237.7 - 172.6)	+	(954.3 - 256.6) )	/ 2 )
	=	-66.6	/	( (65.1	+	697.7)	/ 2 )
	=	-66.6	/	381.4
	=	-17.46 %

Cdon AB'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 )
	=	-76.4	/	( ( (828.6 - 193.6)	+	(807.2 - 191.8) )	/ 2 )
	=	-76.4	/	( ( 635	+	615.4 )	/ 2 )
	=	-76.4	/	625.2
	=	-12.22 %

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

Cdon AB (OSTO:CDON) 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.

Cdon AB ROCE % Related Terms

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Cdon AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cdon AB (OSTO:CDON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

64W:Germany

Address

Sodergatan 22, Malmo, SWE, 211 34

Website

https://www.cdon.se

Cdon AB is a Nordic region-based marketplace. Customers can choose to shop and compare prices on millions of products. Over 1,500 retailers offer their range on CDON's marketplace to increase their sales. This gives CDON a wide range of products within, movies, music, computers, games, office supplies, books, toys, consumer electronics, household appliances, sports, outdoor, beauty care, fashion, shoes, computers, and computer products. Its geographical revenue comes from the majority of Sweden.

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