Sever Holding AD (XBUL:SEVH) ROCE % : 7.91% (As of Dec. 2023)

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What is Sever Holding 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. Sever Holding AD's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.91%.

Sever Holding AD ROCE % Historical Data

The historical data trend for Sever Holding 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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Sever Holding AD ROCE % Chart

Sever Holding AD Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

4.55

4.34

5.84

Sever Holding AD Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	5.22	3.40	4.54	7.91

Sever Holding AD ROCE % Calculation

Sever Holding AD'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 )
	=	2.739	/	( ( (35.785 - 5.568)	+	(87.7 - 24.187) )	/ 2 )
	=	2.739	/	( (30.217	+	63.513)	/ 2 )
	=	2.739	/	46.865
	=	5.84 %

Sever Holding AD'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	3.962	/	( ( (43.51 - 6.889)	+	(87.7 - 24.187) )	/ 2 )
	=	3.962	/	( ( 36.621	+	63.513 )	/ 2 )
	=	3.962	/	50.067
	=	7.91 %

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

Sever Holding AD (XBUL:SEVH) 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.

Sever Holding AD ROCE % Related Terms

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Sever Holding AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sever Holding AD (XBUL:SEVH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tsar Asen Street I, No 5, 3rd Floor, Varna, BGR, 9000

Website

http://www.sever-holding.com

Sever Holding AD main activity of the holding is related to the acquisition, management, evaluation and sale of shares and/or shareholdings in Bulgarian and foreign companies.

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