Embracer Group AB (OSTO:EMBRAC B) ROCE % : -5.44% (As of Dec. 2023)

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What is Embracer 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. Embracer Group AB's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.44%.

Embracer Group AB ROCE % Historical Data

The historical data trend for Embracer 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.

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Embracer Group AB ROCE % Chart

Embracer Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Mar20

Mar21

Mar22

Mar23

ROCE %

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25.60

9.50

3.98

3.42

6.68

Embracer Group AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															7.17	4.71	11.90	-1.35	-5.44

Embracer Group AB ROCE % Calculation

Embracer Group AB's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	5935	/	( ( (92420 - 16632)	+	(116071 - 14150) )	/ 2 )
	=	5935	/	( (75788	+	101921)	/ 2 )
	=	5935	/	88854.5
	=	6.68 %

Embracer Group 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 )
	=	-5580	/	( ( (121691 - 15426)	+	(113541 - 14549) )	/ 2 )
	=	-5580	/	( ( 106265	+	98992 )	/ 2 )
	=	-5580	/	102628.5
	=	-5.44 %

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

Embracer Group AB (OSTO:EMBRAC 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.

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Embracer Group AB (OSTO:EMBRAC B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Embracer Group AB (OSTO:EMBRAC B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EBCRY:USA THQQF:USA EMBRBs:UK TH9:Germany

Address

Tullhusgatan 1B, Karlstad, SWE, 652 09

Website

https://www.embracer.com

Embracer Group AB is a parent company of businesses led by entrepreneurs in PC, console, mobile, and board games and other related media. The Group has an extensive catalog of over 850 owned or controlled franchises. The group has a presence through its eleven operative groups namely THQ Nordic, Plaion, Coffee Stain, Amplifier Game Invest, Saber Interactive, DECA Games, Gearbox Entertainment, Easybrain, Asmodee, Dark Horse and Freemode. Further it holds around 130 internal game development studios.

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