Przedsiebiorstwo Komunalne AQUA (WAR:AQU) ROCE % : 2.76% (As of Sep. 2024)

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What is Przedsiebiorstwo Komunalne AQUA 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. Przedsiebiorstwo Komunalne AQUA's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.76%.

Przedsiebiorstwo Komunalne AQUA ROCE % Historical Data

The historical data trend for Przedsiebiorstwo Komunalne AQUA'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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Przedsiebiorstwo Komunalne AQUA ROCE % Chart

Przedsiebiorstwo Komunalne AQUA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.03

3.14

2.19

2.82

2.49

Przedsiebiorstwo Komunalne AQUA 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															3.92	2.36	3.36	3.00	2.76

Przedsiebiorstwo Komunalne AQUA ROCE % Calculation

Przedsiebiorstwo Komunalne AQUA'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 )
	=	11.459	/	( ( (488.318 - 34.652)	+	(499.411 - 32.848) )	/ 2 )
	=	11.459	/	( (453.666	+	466.563)	/ 2 )
	=	11.459	/	460.1145
	=	2.49 %

Przedsiebiorstwo Komunalne AQUA'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 )
	=	11.404	/	( ( (501.354 - 90.442)	+	(507.106 - 90.535) )	/ 2 )
	=	11.404	/	( ( 410.912	+	416.571 )	/ 2 )
	=	11.404	/	413.7415
	=	2.76 %

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

Przedsiebiorstwo Komunalne AQUA (WAR:AQU) 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.

Przedsiebiorstwo Komunalne AQUA ROCE % Related Terms

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Przedsiebiorstwo Komunalne AQUA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Przedsiebiorstwo Komunalne AQUA SA (WAR:AQU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

ul. May 1 23, Bielsko-Biala, POL, 43-300

Website

http://www.aqua.com.pl

Przedsiebiorstwo Komunalne AQUA SA conducts water and sewage operations in Bielsko-Biala and neighboring communes. Its business activities include the recognition, treatment and distribution of water and the collection, treatment and discharge of sewage. services offered by the company include the supply of drinking water; sewerage; swimming pool; collection and testing of surface, underground, treated and sewage and sewage sludge samples; geodetic services; waste disposal services and liquid waste; disposal of emulsions and other wastes; and specialized services in the field of water supply and sewage network diagnostics. The services offered by Aqua are used by households, housing cooperatives, public institutions as well as industrial and service plants.

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