Klassik Radio AG (XTER:KA8) ROCE % : -13.41% (As of Jun. 2024)

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What is Klassik Radio AG 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. Klassik Radio AG's annualized ROCE % for the quarter that ended in Jun. 2024 was -13.41%.

Klassik Radio AG ROCE % Historical Data

The historical data trend for Klassik Radio AG'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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Klassik Radio AG ROCE % Chart

Klassik Radio AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.66

9.20

12.28

5.77

9.79

Klassik Radio AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-11.52	25.07	-13.53	35.44	-13.41

Klassik Radio AG ROCE % Calculation

Klassik Radio AG'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 )
	=	1.38	/	( ( (20.212 - 5.603)	+	(19.354 - 5.763) )	/ 2 )
	=	1.38	/	( (14.609	+	13.591)	/ 2 )
	=	1.38	/	14.1
	=	9.79 %

Klassik Radio AG's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-1.658	/	( ( (19.354 - 5.763)	+	(18.973 - 7.838) )	/ 2 )
	=	-1.658	/	( ( 13.591	+	11.135 )	/ 2 )
	=	-1.658	/	12.363
	=	-13.41 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Klassik Radio AG (XTER:KA8) 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.

Klassik Radio AG ROCE % Related Terms

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Klassik Radio AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Klassik Radio AG (XTER:KA8) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KA8:Germany

Address

Mediatower Imhofstrasse 12, Imhofstrasse 12, Augsburg, DEU, 86159

Website

http://www.klassikradioag.de

Klassik Radio AG is an independent radio holding company. Located on the FM radio network and specialising in classical music, it's operational business is divided between radio stations and merchandising.

Executives

Ulrich R.j. Kubak

Board of Directors

Klassik Radio AG Headlines

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