Viaplay Group AB (OSTO:VPLAY A) ROCE % : -17.56% (As of Mar. 2024)

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What is Viaplay 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. Viaplay Group AB's annualized ROCE % for the quarter that ended in Mar. 2024 was -17.56%.

Viaplay Group AB ROCE % Historical Data

The historical data trend for Viaplay 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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Viaplay Group AB ROCE % Chart

Viaplay Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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25.40

52.59

6.12

3.78

-113.23

Viaplay Group AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-9.23	-10.72	-16.87	-601.00	-17.56

Viaplay Group AB ROCE % Calculation

Viaplay Group 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 )
	=	-10204	/	( ( (21863 - 9053)	+	(19717 - 14504) )	/ 2 )
	=	-10204	/	( (12810	+	5213)	/ 2 )
	=	-10204	/	9011.5
	=	-113.23 %

Viaplay Group 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 )
	=	-1268	/	( ( (19717 - 14504)	+	(17380 - 8150) )	/ 2 )
	=	-1268	/	( ( 5213	+	9230 )	/ 2 )
	=	-1268	/	7221.5
	=	-17.56 %

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

Viaplay Group AB (OSTO:VPLAY A) 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.

Viaplay Group AB ROCE % Related Terms

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Viaplay Group AB (OSTO:VPLAY A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Viaplay Group AB (OSTO:VPLAY A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NENTY:USA NENTF:USA VPLAY B:Sweden NEB:Germany NEB:Germany

Address

Ringvagen 52, Stockholm, SWE, 118 67

Website

https://www.viaplaygroup.com

Viaplay Group AB is a Sweden based company that offers television channels and radio stations broadcasting and production services. The company's operating segment includes Broadcasting and Streaming, which includes both pay-TV, free-TV and radio services for the Nordic region. Geographically, it derives a majority of revenue from Sweden and also has a presence in Norway; Denmark; Finland; United Kingdom and Other Countries.

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