RusHydro PJSC (MIC:HYDR) ROCE % : -6.63% (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is RusHydro PJSC 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. RusHydro PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.63%.

RusHydro PJSC ROCE % Historical Data

The historical data trend for RusHydro PJSC'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.

RusHydro PJSC ROCE % Chart

RusHydro PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

1.81

9.46

8.20

5.77

7.46

RusHydro PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.30	17.69	12.26	7.96	-6.63

RusHydro PJSC ROCE % Calculation

RusHydro PJSC'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 )
	=	67515	/	( ( (993400 - 174211)	+	(1164353 - 174379) )	/ 2 )
	=	67515	/	( (819189	+	989974)	/ 2 )
	=	67515	/	904581.5
	=	7.46 %

RusHydro PJSC'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-64288	/	( ( (1116278 - 166597)	+	(1164353 - 174379) )	/ 2 )
	=	-64288	/	( ( 949681	+	989974 )	/ 2 )
	=	-64288	/	969827.5
	=	-6.63 %

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

RusHydro PJSC (MIC:HYDR) 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.

RusHydro PJSC ROCE % Related Terms

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

RusHydro PJSC (MIC:HYDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » RusHydro PJSC (MIC:HYDR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

43, Dubrovinskogo Street, Building 1, Krasnoyarsk, RUS, 660017

Website

https://www.rushydro.ru

RusHydro PJSC is one of the largest Russian utility holding companies and produces a sizable amount of the country's electricity. The company constructs, repairs, owns and operates heat and electricity generating power plants. RusHydro's portfolio of facilities includes thermal, geothermal, hydroelectric, tidal, wind, and solar power plants located throughout all of Russia. Hydroelectric sites make up most of these. The company primarily generates revenue from the sale of electricity. Sales of thermal energy, hot water, and capacity also represent substantial revenue streams. RusHydro's largest shareholder is the government of the Russian Federation, which holds a controlling stake in the company.