Progres AD (XBLB:PRGS-R-A) ROCE % : -3.22% (As of Dec. 2024)

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What is Progres AD 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. Progres AD's annualized ROCE % for the quarter that ended in Dec. 2024 was -3.22%.

Progres AD ROCE % Historical Data

The historical data trend for Progres AD'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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Progres AD ROCE % Chart

Progres AD Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

65.67

-2.59

-3.57

-3.99

-3.22

Progres AD Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Dec24
ROCE %	65.67	-2.59	-3.57	-3.99	-3.22

Progres AD ROCE % Calculation

Progres AD's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-1.405	/	( ( (46.235 - 9.485)	+	(60.872 - 10.245) )	/ 2 )
	=	-1.405	/	( (36.75	+	50.627)	/ 2 )
	=	-1.405	/	43.6885
	=	-3.22 %

Progres AD's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Dec. 2023 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Dec. 2023 )		(Q: Dec. 2024 )
	=	-1.405	/	( ( (46.235 - 9.485)	+	(60.872 - 10.245) )	/ 2 )
	=	-1.405	/	( ( 36.75	+	50.627 )	/ 2 )
	=	-1.405	/	43.6885
	=	-3.22 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT data.

Progres AD (XBLB:PRGS-R-A) 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.

Progres AD ROCE % Related Terms

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Progres AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Progres AD (XBLB:PRGS-R-A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Zmaj Jovina number 8-10, Belgrade, SRB, 71000

Website

https://www.progres.rs

Progres AD provides psycho-social support for children, youth and adults on the territory of Bosnia and Herzegovina.

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