Veteranpoolen AB (XSAT:VPAB B) ROCE % : 195.24% (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Veteranpoolen 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. Veteranpoolen AB's annualized ROCE % for the quarter that ended in Sep. 2024 was 195.24%.

Veteranpoolen AB ROCE % Historical Data

The historical data trend for Veteranpoolen 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.

Veteranpoolen AB ROCE % Chart

Veteranpoolen AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

103.78

60.62

66.97

94.81

92.25

Veteranpoolen AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															208.03	93.78	10.04	173.12	195.24

Veteranpoolen AB ROCE % Calculation

Veteranpoolen AB'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 )
	=	52.66	/	( ( (124.06 - 68.521)	+	(126.525 - 67.892) )	/ 2 )
	=	52.66	/	( (55.539	+	58.633)	/ 2 )
	=	52.66	/	57.086
	=	92.25 %

Veteranpoolen AB's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	87.948	/	( ( (138.714 - 102.411)	+	(153.767 - 99.98) )	/ 2 )
	=	87.948	/	( ( 36.303	+	53.787 )	/ 2 )
	=	87.948	/	45.045
	=	195.24 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Veteranpoolen AB (XSAT:VPAB B) 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.

Veteranpoolen AB ROCE % Related Terms

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

Veteranpoolen AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Veteranpoolen AB (XSAT:VPAB B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hantverksgatan 30, Kungsbacka, SWE, 434 42

Website

https://www.veteranpoolen.se

Veteranpoolen AB is a Sweden-based company serving as an employer for retirees. The company offers various business services such as staffing, economics and administration, property management, sale and customer service, office, warehousing, logistics and industry, cleaning and others. In addition, it also provides private services including clean up, gardening supervision, carpentry, painting, putting windows or helping older in everyday life.

Veteranpoolen AB Headlines

No Headlines