XANO Industri AB (OSTO:XANO B) ROCE % : 5.24% (As of Mar. 2024)

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What is XANO Industri 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. XANO Industri AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.24%.

XANO Industri AB ROCE % Historical Data

The historical data trend for XANO Industri 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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XANO Industri AB ROCE % Chart

XANO Industri AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.99

16.16

22.60

14.15

10.74

XANO Industri 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															13.15	16.11	9.31	4.10	5.24

XANO Industri AB ROCE % Calculation

XANO Industri 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 )
	=	295.823	/	( ( (3605.539 - 949.798)	+	(3760.7 - 909.119) )	/ 2 )
	=	295.823	/	( (2655.741	+	2851.581)	/ 2 )
	=	295.823	/	2753.661
	=	10.74 %

XANO Industri 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 )
	=	151.2	/	( ( (3760.7 - 909.119)	+	(3865 - 948) )	/ 2 )
	=	151.2	/	( ( 2851.581	+	2917 )	/ 2 )
	=	151.2	/	2884.2905
	=	5.24 %

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

XANO Industri AB (OSTO:XANO 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.

XANO Industri AB ROCE % Related Terms

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XANO Industri AB (OSTO:XANO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XANO Industri AB (OSTO:XANO B) » Definitions » ROCE %

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Traded in Other Exchanges

F4E:Germany

Address

Industrigatan 14 B, Jonkoping, SWE, 55302

Website

http://www.xano.se

XANO Industri AB develops, acquires and manages manufacturing businesses with products and systems with related services. Its subsidiaries are engaged in the business of manufacturing, and development of industrial products and automation equipment. The company's operations are divided into the Industrial solutions, Precision technology, and Rotational molding business units. It derives the majority of its revenues from the Industrial solutions business unit. The firm operates in the Nordic countries, Estonia, the Netherlands, Poland, China, and the United States.

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