SaveLend Group AB (OSTO:YIELD) ROCE % : -13.41% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is SaveLend 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. SaveLend Group AB's annualized ROCE % for the quarter that ended in Sep. 2024 was -13.41%.

SaveLend Group AB ROCE % Historical Data

The historical data trend for SaveLend 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.

* Premium members only.

SaveLend Group AB ROCE % Chart

SaveLend Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-10.25

-20.71

-26.89

-17.94

-16.78

SaveLend Group 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															-1.33	-44.69	-18.38	-16.25	-13.41

SaveLend Group AB ROCE % Calculation

SaveLend 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 )
	=	-22.027	/	( ( (323.429 - 189.518)	+	(304.987 - 176.339) )	/ 2 )
	=	-22.027	/	( (133.911	+	128.648)	/ 2 )
	=	-22.027	/	131.2795
	=	-16.78 %

SaveLend Group 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 )
	=	-17.284	/	( ( (332.736 - 205.928)	+	(327.93 - 196.934) )	/ 2 )
	=	-17.284	/	( ( 126.808	+	130.996 )	/ 2 )
	=	-17.284	/	128.902
	=	-13.41 %

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

SaveLend Group AB (OSTO:YIELD) 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.

SaveLend Group AB ROCE % Related Terms

Thank you for viewing the detailed overview of SaveLend Group AB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

SaveLend Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SaveLend Group AB (OSTO:YIELD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kammakargatan 7, Stockholm, SWE, 111 40

Website

https://www.savelendgroup.se

SaveLend Group AB is fintech company engaged in the peer-to-peer lending segment. The group has two operating segments. The Savings Platform encompasses all activities related to savers and intermediated loans. The Invoice Platform is the operating segment that includes all invoice service activities.

SaveLend Group AB Headlines

No Headlines