Rosseti Kuban PJSC (MIC:KUBE) ROCE % : 2.87% (As of Dec. 2023)

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What is Rosseti Kuban 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. Rosseti Kuban PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.87%.

Rosseti Kuban PJSC ROCE % Historical Data

The historical data trend for Rosseti Kuban 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.

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Rosseti Kuban PJSC ROCE % Chart

Rosseti Kuban PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.15

1.83

8.60

16.75

16.12

Rosseti Kuban PJSC Quarterly Data
	Mar18	Jun18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															31.09	7.33	19.32	26.54	2.87

Rosseti Kuban PJSC ROCE % Calculation

Rosseti Kuban 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 )
	=	11493.863	/	( ( (87284.071 - 24566.593)	+	(106530.267 - 26651.39) )	/ 2 )
	=	11493.863	/	( (62717.478	+	79878.877)	/ 2 )
	=	11493.863	/	71298.1775
	=	16.12 %

Rosseti Kuban 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 )
	=	2136.716	/	( ( (97305.512 - 28051.993)	+	(106530.267 - 26651.39) )	/ 2 )
	=	2136.716	/	( ( 69253.519	+	79878.877 )	/ 2 )
	=	2136.716	/	74566.198
	=	2.87 %

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

Rosseti Kuban PJSC (MIC:KUBE) 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.

Rosseti Kuban PJSC ROCE % Related Terms

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Rosseti Kuban PJSC (MIC:KUBE) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rosseti Kuban PJSC (MIC:KUBE) » Definitions » ROCE %

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Address

4, Belovezhskaya Street, Moscow, RUS, 121353

Website

http://www.rosseti.ru

Rosseti Kuban PJSC is active in the utilities market in Russia. It is the largest electric grid company in the territory of the Krasnodar and the Republic of Adygea, carrying out transmission and distribution of electric power. The main objective of the company is to provide reliable and stable energy supply to all consumers of the Krasnodar Territory and the Republic of Adygea, as well as the growing needs of the regional economies for electricity.

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