Cabka NV (XAMS:CABKA) ROCE % : 2.17% (As of Jun. 2024)

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What is Cabka 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. Cabka NV's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.17%.

Cabka NV ROCE % Historical Data

The historical data trend for Cabka 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.

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Cabka NV ROCE % Chart

Cabka NV Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

0.86

5.55

-33.19

2.64

Cabka NV Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			4.10	-57.42	5.12	0.32	2.17

Cabka NV ROCE % Calculation

Cabka 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 )
	=	2.977	/	( ( (189.114 - 77.421)	+	(181.386 - 67.302) )	/ 2 )
	=	2.977	/	( (111.693	+	114.084)	/ 2 )
	=	2.977	/	112.8885
	=	2.64 %

Cabka NV's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	2.4	/	( ( (181.386 - 67.302)	+	(189 - 81.7) )	/ 2 )
	=	2.4	/	( ( 114.084	+	107.3 )	/ 2 )
	=	2.4	/	110.692
	=	2.17 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Cabka NV (XAMS:CABKA) 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.

Cabka NV ROCE % Related Terms

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Cabka NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Cabka NV (XAMS:CABKA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

7GW:Germany

Address

John M. Keynesplein 10, Amsterdam, NH, NLD, 1066

Website

https://www.cabka.com

Cabka NV is engaged in recycling plastics from post-consumer and post-industrial waste into reusable pallets- and large container solutions enhancing logistics chain sustainability. Geographically, the company generates a majority of its revenue from Europe and the rest from North America.

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