Mazaro NV (XBRU:MLMAZ) ROCE % : -0.18% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Mazaro 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. Mazaro NV's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.18%.

Mazaro NV ROCE % Historical Data

The historical data trend for Mazaro 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.

* Premium members only.

Mazaro NV ROCE % Chart

Mazaro NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-29.71

-44.86

2.41

-0.09

-0.18

Mazaro NV Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	-29.71	-44.86	2.41	-0.09	-0.18

Mazaro NV ROCE % Calculation

Mazaro 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 )
	=	-0.758	/	( ( (544.327 - 88.918)	+	(443.228 - 71.834) )	/ 2 )
	=	-0.758	/	( (455.409	+	371.394)	/ 2 )
	=	-0.758	/	413.4015
	=	-0.18 %

Mazaro NV's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	-0.758	/	( ( (544.327 - 88.918)	+	(443.228 - 71.834) )	/ 2 )
	=	-0.758	/	( ( 455.409	+	371.394 )	/ 2 )
	=	-0.758	/	413.4015
	=	-0.18 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

Mazaro NV (XBRU:MLMAZ) 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.

Mazaro NV ROCE % Related Terms

Thank you for viewing the detailed overview of Mazaro NV's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Mazaro NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mazaro NV (XBRU:MLMAZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bommelsrede 42, Destelbergen, BEL, 9070

Website

https://www.mazaro.eu

Mazaro NV is specialized in the design and development of transmissions systems. The group offers reversible variable transmissions for motor vehicles such as passenger cars, trucks, buses, off-road vehicles, forklifts, tractors and single-stage variable transmissions for electric vehicles and industrial powertrains. It designs various transmissions that combine exceptionally high internal efficiency with the ability to keep the internal combustion engine or E-engine on its optimal efficiency curve at all times, providing unparalleled energy, emissions and cost savings while optimizing performance and comfort. The benefits of this technology is impressive in trucks, buses, off-highway vehicles, SUVs, lift trucks and tractors both powered by a combustion engine and electric.

Mazaro NV Headlines

No Headlines