Kumulus Vape (XPAR:ALVAP) ROCE % : 21.03% (As of Dec. 2023)

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What is Kumulus Vape 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. Kumulus Vape's annualized ROCE % for the quarter that ended in Dec. 2023 was 21.03%.

Kumulus Vape ROCE % Historical Data

The historical data trend for Kumulus Vape'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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Kumulus Vape ROCE % Chart

Kumulus Vape Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.82

31.83

25.15

26.56

21.93

Kumulus Vape Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial								17.83	23.13	31.18	24.97	21.03

Kumulus Vape ROCE % Calculation

Kumulus Vape'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 )
	=	3.466	/	( ( (17.956 - 5.045)	+	(23.59 - 4.887) )	/ 2 )
	=	3.466	/	( (12.911	+	18.703)	/ 2 )
	=	3.466	/	15.807
	=	21.93 %

Kumulus Vape'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	3.5	/	( ( (17.84 - 3.263)	+	(23.59 - 4.887) )	/ 2 )
	=	3.5	/	( ( 14.577	+	18.703 )	/ 2 )
	=	3.5	/	16.64
	=	21.03 %

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

Kumulus Vape (XPAR:ALVAP) 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.

Kumulus Vape ROCE % Related Terms

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Kumulus Vape (XPAR:ALVAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kumulus Vape (XPAR:ALVAP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

21 rue Marcel Merieux, Corbas, FRA, 69960

Website

https://www.kumulusvape.fr

Kumulus Vape is an online retailer specializing in the sale of electronic cigarettes and related products (hardware, e-liquid and other accessories).

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