Dala Energi AB (OSTO:DE) ROCE % : 6.62% (As of Mar. 2024)

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What is Dala Energi 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. Dala Energi AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.62%.

Dala Energi AB ROCE % Historical Data

The historical data trend for Dala Energi 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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Dala Energi AB ROCE % Chart

Dala Energi AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

7.80

5.60

5.99

7.92

8.01

Dala Energi AB Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											9.36	3.16	5.96	14.28	6.62

Dala Energi AB ROCE % Calculation

Dala Energi 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 )
	=	112.715	/	( ( (1554.839 - 226.408)	+	(1737.502 - 252.213) )	/ 2 )
	=	112.715	/	( (1328.431	+	1485.289)	/ 2 )
	=	112.715	/	1406.86
	=	8.01 %

Dala Energi AB's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	99.028	/	( ( (1737.502 - 252.213)	+	(1753.124 - 247.184) )	/ 2 )
	=	99.028	/	( ( 1485.289	+	1505.94 )	/ 2 )
	=	99.028	/	1495.6145
	=	6.62 %

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

Dala Energi AB (OSTO:DE) 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.

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Dala Energi AB (OSTO:DE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Dala Energi AB (OSTO:DE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Overmovagen 15, Box 254, Leksand, SWE, 793 26

Website

https://www.dalaenergi.se

Dala Energi AB produces, utilizes, and supplies energy, owns and manages fiber networks for data communication, expands distribution facilities, and thus engages in compatible activities primarily through its various subsidiaries in the group.