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SPLPPA.PFD (Steel Partners Holdings LP) ROCE % : 16.96% (As of Sep. 2024)


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What is Steel Partners Holdings LP 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. Steel Partners Holdings LP's annualized ROCE % for the quarter that ended in Sep. 2024 was 16.96%.


Steel Partners Holdings LP ROCE % Historical Data

The historical data trend for Steel Partners Holdings LP'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.

Steel Partners Holdings LP ROCE % Chart

Steel Partners Holdings LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.29 6.92 8.58 17.65 14.81

Steel Partners Holdings LP 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.37 14.37 15.35 20.00 16.96

Steel Partners Holdings LP ROCE % Calculation

Steel Partners Holdings LP'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 )
=260.038/( ( (3235.849 - 1649.143) + (3990.44 - 2065.132) )/ 2 )
=260.038/( (1586.706+1925.308)/ 2 )
=260.038/1756.007
=14.81 %

Steel Partners Holdings LP'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 )
=310.952/( ( (3674.716 - 1820.816) + (3634.075 - 1820.581) )/ 2 )
=310.952/( ( 1853.9 + 1813.494 )/ 2 )
=310.952/1833.697
=16.96 %

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

* 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.


Steel Partners Holdings LP  (NYSE:SPLPpA.PFD) 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.


Steel Partners Holdings LP ROCE % Related Terms

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Steel Partners Holdings LP Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. It operates in various segments including the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and metallized films and packaging businesses; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in full range of banking activities.
Executives
Ryan O'herrin officer: Chief Financial Officer 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022-8547
Joseph Richards Martin officer: See Remarks C/O LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Gary Tankard officer: Chief Accounting Officer C/O STEEL PARTNERS HOLDINGS LP, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jason Wong officer: Chief Financial Officer 590 MADISON AVENUE, FLOOR 32, C/O STEEL PARTNERS HOLDINGS LP, NEW YORK NY 10022
Gordon A. Walker officer: Senior Vice President KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Lon Rosen director 120 S. CARMELINA AVE., LOS ANGELES CA 90049
Rory H. Tahari director 510 FIFTH AVENUE, NEW YORK NY 10036
James Iii Benenson director C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Eric P. Karros director C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Emh Howard Llc other: See Footnote 1 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Fejes William Theodore Jr officer: President, Steel Services, Ltd 440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201
Douglas Woodworth officer: Chief Financial Officer STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Spv-i Llc other: See Explanation of Responses 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners, Ltd. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wgl Capital Corp. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022