Llorente Y Cuenca (XMAD:LLYC) ROCE % : 23.51% (As of Jun. 2023)

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What is Llorente Y Cuenca 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. Llorente Y Cuenca's annualized ROCE % for the quarter that ended in Jun. 2023 was 23.51%.

Llorente Y Cuenca ROCE % Historical Data

The historical data trend for Llorente Y Cuenca'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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Llorente Y Cuenca ROCE % Chart

Llorente Y Cuenca Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

25.40

17.79

22.27

23.83

Llorente Y Cuenca Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial			30.74	16.55	24.59	20.45	23.51

Llorente Y Cuenca ROCE % Calculation

Llorente Y Cuenca's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	11.116	/	( ( (75.896 - 31.156)	+	(72.647 - 24.079) )	/ 2 )
	=	11.116	/	( (44.74	+	48.568)	/ 2 )
	=	11.116	/	46.654
	=	23.83 %

Llorente Y Cuenca's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	13.232	/	( ( (72.647 - 24.079)	+	(84.856 - 20.855) )	/ 2 )
	=	13.232	/	( ( 48.568	+	64.001 )	/ 2 )
	=	13.232	/	56.2845
	=	23.51 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Llorente Y Cuenca (XMAD:LLYC) 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.

Llorente Y Cuenca ROCE % Related Terms

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Llorente Y Cuenca (XMAD:LLYC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Llorente Y Cuenca SA (XMAD:LLYC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Lagasca 88. Planta 3, Madrid, ESP, 28001

Website

https://www.llorenteycuenca.com

Llorente Y Cuenca SA is a global communications and public affairs consulting firm. It helps clients make strategic decisions and execute them so that they can achieve their business goals, defend their social license to operate, and increase their prestige.

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