GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » LandBridge Co LLC (NYSE:LB) » Definitions » ROCE %

LB (LandBridge Co LLC) ROCE % : -32.61% (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is LandBridge Co LLC 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. LandBridge Co LLC's annualized ROCE % for the quarter that ended in Jun. 2024 was -32.61%.

LandBridge Co LLC ROCE % Historical Data

The historical data trend for LandBridge Co LLC'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.

LandBridge Co LLC ROCE % Chart

LandBridge Co LLC Annual Data
Trend Dec22 Dec23
ROCE %
-1.19 34.59

LandBridge Co LLC Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
ROCE % Get a 7-Day Free Trial - 32.41 39.57 18.29 -32.61

LandBridge Co LLC ROCE % Calculation

LandBridge Co LLC'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 )
=90.06/( ( (276.02 - 17.189) + (288.949 - 27.1) )/ 2 )
=90.06/( (258.831+261.849)/ 2 )
=90.06/260.34
=34.59 %

LandBridge Co LLC's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=-204.944/( ( (636.985 - 40.211) + (710.463 - 50.359) )/ 2 )
=-204.944/( ( 596.774 + 660.104 )/ 2 )
=-204.944/628.439
=-32.61 %

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

* 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.

LandBridge Co LLC  (NYSE:LB) 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.

LandBridge Co LLC ROCE % Related Terms

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

LandBridge Co LLC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » LandBridge Co LLC (NYSE:LB) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
N/A
Address
5555 San Felipe Street, Suite 1200, Houston, TX, USA, 77056
Website
https://www.landbridgeco.com
LandBridge Co LLC is engaged in managing land and resources to support and promote oil and natural gas development. It generate revenue streams from the use of its surface acreage, the sale of resources from land and oil and gas royalties.