Investment Friends Capital SE (WAR:IFC) ROCE % : 2.44% (As of Mar. 2024)

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What is Investment Friends Capital SE 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. Investment Friends Capital SE's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.44%.

Investment Friends Capital SE ROCE % Historical Data

The historical data trend for Investment Friends Capital SE'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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Investment Friends Capital SE ROCE % Chart

Investment Friends Capital SE Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun21

Jun22

Jun23

ROCE %

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1.23

2.27

2.95

2.52

3.01

Investment Friends Capital SE Quarterly Data
	Jun18	Sep18	Dec18	Jun19	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															3.27	3.33	2.38	2.41	2.44

Investment Friends Capital SE ROCE % Calculation

Investment Friends Capital SE's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	0.633	/	( ( (20.426 - 0.025)	+	(21.685 - 0.022) )	/ 2 )
	=	0.633	/	( (20.401	+	21.663)	/ 2 )
	=	0.633	/	21.032
	=	3.01 %

Investment Friends Capital SE'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 )
	=	0.54	/	( ( (22.097 - 0.009)	+	(22.164 - 0.004) )	/ 2 )
	=	0.54	/	( ( 22.088	+	22.16 )	/ 2 )
	=	0.54	/	22.124
	=	2.44 %

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

Investment Friends Capital SE (WAR:IFC) 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.

Investment Friends Capital SE ROCE % Related Terms

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Investment Friends Capital SE (WAR:IFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Investment Friends Capital SE (WAR:IFC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Harju Maakond, Tornimae tn 5, Kesklinna Linnaosa, Tallinn, EST, 10145

Website

http://www.ifcapital.pl

Investment Friends Capital SE is engaged in financial activities. The company provides large-scale cash loan services to business entities operating in Poland and Estonia.

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