SkiStar AB (OSTO:SKIS B) ROCE % : 68.78% (As of Feb. 2024)

View and export this data going back to 1994. Start your Free Trial

What is SkiStar 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. SkiStar AB's annualized ROCE % for the quarter that ended in Feb. 2024 was 68.78%.

SkiStar AB ROCE % Historical Data

The historical data trend for SkiStar 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.

SkiStar AB ROCE % Chart

SkiStar AB Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

Get a 7-Day Free Trial

14.86

8.61

5.72

13.18

8.92

SkiStar AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															55.93	22.12	-13.80	-29.08	68.78

SkiStar AB ROCE % Calculation

SkiStar AB's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	601.486	/	( ( (7973.524 - 1234.049)	+	(8760.993 - 2017.968) )	/ 2 )
	=	601.486	/	( (6739.475	+	6743.025)	/ 2 )
	=	601.486	/	6741.25
	=	8.92 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	4271.6	/	( ( (8920.58 - 3030.465)	+	(8843.865 - 2313.419) )	/ 2 )
	=	4271.6	/	( ( 5890.115	+	6530.446 )	/ 2 )
	=	4271.6	/	6210.2805
	=	68.78 %

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

SkiStar AB (OSTO:SKIS 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.

SkiStar AB ROCE % Related Terms

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

SkiStar AB (OSTO:SKIS B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SkiStar AB (OSTO:SKIS B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SKISBs:UK 3AJ:Germany

Address

Salfjallsgarden, Salen, SWE, 78067

Website

https://www.skistar.com

SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, in Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has its own online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the below segments Operation of Mountain Resorts; Property Development and Operation of Hotels. The company also manages accommodation properties for hire, owns the land for development.

SkiStar AB (OSTO:SKIS B) Headlines

No Headlines