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IMC (WAR:IMC) ROCE % : -2.54% (As of Mar. 2024)


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What is IMC 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. IMC's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.54%.


IMC ROCE % Historical Data

The historical data trend for IMC'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.

IMC ROCE % Chart

IMC 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 10.72 18.46 30.52 2.29 -5.31

IMC 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 -3.45 17.87 -9.65 -25.26 -2.54

IMC ROCE % Calculation

IMC'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 )
=-54.903/( ( (1320.599 - 241.47) + (1262.78 - 274.985) )/ 2 )
=-54.903/( (1079.129+987.795)/ 2 )
=-54.903/1033.462
=-5.31 %

IMC'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 )
=-25.516/( ( (1262.78 - 274.985) + (1270.615 - 252.739) )/ 2 )
=-25.516/( ( 987.795 + 1017.876 )/ 2 )
=-25.516/1002.8355
=-2.54 %

(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.


IMC  (WAR:IMC) 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.


IMC ROCE % Related Terms

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IMC (WAR:IMC) Business Description

Traded in Other Exchanges
Address
16 rue Erasme, Grand Duchy Luxembourg, LUX, L-1468
IMC SA is an integrated agricultural company operating in Ukraine. The company's activities are the cultivation of grain and oilseeds crops, potato production; dairy farming; storage and processing of grain and oilseeds crops. The Group operates in three segments: crop farming, dairy farming, elevators and warehouses. Crop farming segment, deals with cultivation and sale of such basic agricultural crops as corn and wheat. Dairy farming segment deals with breeding and sale of biological assets and agricultural products of live farming. Basic agricultural product of live farming for sale in this segment is milk. Elevators and warehouses segment deals with storage and processing of agricultural produce.

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