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Backaheden Fastighets AB (XSAT:BACKA) ROCE % : 9.85% (As of Dec. 2024)


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What is Backaheden Fastighets AB 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. Backaheden Fastighets AB's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.85%.


Backaheden Fastighets AB ROCE % Historical Data

The historical data trend for Backaheden Fastighets AB'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.

Backaheden Fastighets AB ROCE % Chart

Backaheden Fastighets AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
4.39 16.34 2.47 -1.40 6.13

Backaheden Fastighets AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -11.69 4.40 0.32 6.97 9.85

Backaheden Fastighets AB ROCE % Calculation

Backaheden Fastighets AB'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 )
=52.159/( ( (1069.666 - 33.056) + (1133.535 - 469.197) )/ 2 )
=52.159/( (1036.61+664.338)/ 2 )
=52.159/850.474
=6.13 %

Backaheden Fastighets AB'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: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=87.152/( ( (1116.705 - 11.795) + (1133.535 - 469.197) )/ 2 )
=87.152/( ( 1104.91 + 664.338 )/ 2 )
=87.152/884.624
=9.85 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 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.


Backaheden Fastighets AB  (XSAT:BACKA) 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.


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Backaheden Fastighets AB Business Description

Traded in Other Exchanges
N/A
Address
c/o Pareto Business Management AB, Berzelii Park 9, P.O. Box 7415, Stockholm, SWE, SE-103 91
Backaheden Fastighets AB manages fixed and movable property or manages companies that directly or indirectly own fixed and movable property and collect funding for its business and conduct business related thereto. The company owns and develops Santa Maria's European distribution center, which is located in the Nordic region.

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