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ASTARTA Holding NV (UKEX:AST) ROCE % : 10.83% (As of Mar. 2024)


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What is ASTARTA Holding NV 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. ASTARTA Holding NV's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.83%.

ASTARTA Holding NV ROCE % Historical Data

The historical data trend for ASTARTA Holding NV'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.

ASTARTA Holding NV ROCE % Chart

ASTARTA Holding NV 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 7.85 8.14 27.78 16.70 16.40

ASTARTA Holding NV 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 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 18.05 31.45 4.33 10.59 10.83

ASTARTA Holding NV ROCE % Calculation

ASTARTA Holding NV'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 )
=4312.145/( ( (30051.131 - 4827.552) + (31053.034 - 3691.453) )/ 2 )
=4312.145/( (25223.579+27361.581)/ 2 )
=4312.145/26292.58
=16.40 %

ASTARTA Holding NV'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 )
=2993.244/( ( (31053.034 - 3691.453) + (31245.486 - 3310.663) )/ 2 )
=2993.244/( ( 27361.581 + 27934.823 )/ 2 )
=2993.244/27648.202
=10.83 %

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

ASTARTA Holding NV  (UKEX:AST) 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.

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ASTARTA Holding NV (UKEX:AST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ASTARTA Holding NV (UKEX:AST) » Definitions » ROCE %
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Traded in Other Exchanges
AST:Poland
Address
1 Lampousas, Nicosia, NLD, 1095
Website
https://astartaholding.com
ASTARTA Holding NV is an agro-industrial company. Through its subsidiaries, the company is engaged in the cultivation of sugar beet, grains, and oilseeds, the production of sugar and related products. In addition, it is also involved in, crop growing, soybean processing, and cattle farming. The operating segments of the company are Sugar, Cattle farming, agriculture and Soybean processing. The majority of the company's revenue is derived from Ukraine.