Siguldas CMAS (ORSE:SCM1R) ROCE % : -9.74% (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Siguldas CMAS 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. Siguldas CMAS's annualized ROCE % for the quarter that ended in Dec. 2023 was -9.74%.

Siguldas CMAS ROCE % Historical Data

The historical data trend for Siguldas CMAS'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.

Siguldas CMAS ROCE % Chart

Siguldas CMAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

11.24

15.05

13.42

8.65

4.04

Siguldas CMAS 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															2.27	14.77	4.16	6.77	-9.74

Siguldas CMAS ROCE % Calculation

Siguldas CMAS'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 )
	=	0.074	/	( ( (1.949 - 0.183)	+	(2.066 - 0.17) )	/ 2 )
	=	0.074	/	( (1.766	+	1.896)	/ 2 )
	=	0.074	/	1.831
	=	4.04 %

Siguldas CMAS'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 )
	=	-0.188	/	( ( (2.133 - 0.168)	+	(2.066 - 0.17) )	/ 2 )
	=	-0.188	/	( ( 1.965	+	1.896 )	/ 2 )
	=	-0.188	/	1.9305
	=	-9.74 %

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

Siguldas CMAS (ORSE:SCM1R) 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.

Siguldas CMAS ROCE % Related Terms

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

Siguldas CMAS (ORSE:SCM1R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Siguldas CMAS (ORSE:SCM1R) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kalnabeites 8, Siguldas novads, Sigulda, LVA, 2150

Website

https://www.sigmas.lv

Siguldas CMAS is a producer and supplier of breeding bull semen in Latvia. The company also provides other breeding-related services such as consultations on issues of cattle breeding, feeding and keeping, artificial insemination of cows, evaluation of cow exterior, and initial processing of the supervisory data.

Siguldas CMAS (ORSE:SCM1R) Headlines

No Headlines