Kauno Energija AB (OVSE:KNR1L) ROCE % : -8.98% (As of Sep. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Kauno Energija 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. Kauno Energija AB's annualized ROCE % for the quarter that ended in Sep. 2024 was -8.98%.

Kauno Energija AB ROCE % Historical Data

The historical data trend for Kauno Energija 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.

Kauno Energija AB ROCE % Chart

Kauno Energija AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

1.11

0.79

0.16

3.63

4.49

Kauno Energija 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															-6.30	9.96	17.78	-3.40	-8.98

Kauno Energija AB ROCE % Calculation

Kauno Energija 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 )
	=	8.325	/	( ( (203.886 - 24.281)	+	(213.54 - 22.326) )	/ 2 )
	=	8.325	/	( (179.605	+	191.214)	/ 2 )
	=	8.325	/	185.4095
	=	4.49 %

Kauno Energija 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 )
	=	-17.372	/	( ( (207.456 - 11.587)	+	(204.396 - 13.479) )	/ 2 )
	=	-17.372	/	( ( 195.869	+	190.917 )	/ 2 )
	=	-17.372	/	193.393
	=	-8.98 %

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

Kauno Energija AB (OVSE:KNR1L) 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.

Kauno Energija AB ROCE % Related Terms

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

Kauno Energija AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kauno Energija AB (OVSE:KNR1L) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Raudondvario Road 84, Kaunas, LTU, 47179

Website

https://www.kaunoenergija.lt

Kauno Energija AB is a company engaged in heat and hot water supplies in the cities of Kaunas and Jurbarkas and in Kaunas district, Lituania. In addition, the company is also involved in electricity generation and distribution. The company carries out supervision of indoor heat and hot water supply systems, repair and maintenance of heat unit equipment, provides rental services premises. It generates a vast majority of its revenues from heat supplies.

Kauno Energija AB Headlines

No Headlines