Gesamtkapitalrentabilität

Gesamtkapitalrentabilität, often abbreviated as GKR, is a key financial metric used to assess the profitability of a company in relation to its total capital employed. It indicates how effectively a company utilizes all its assets, both debt and equity, to generate profits. The formula for Gesamtkapitalrentabilität is typically calculated as Earnings Before Interest and Taxes (EBIT) divided by the total capital. Total capital includes shareholder equity and all forms of debt.

The GKR provides a comprehensive view of a company's operational efficiency and its ability to generate returns from its investments. A higher GKR generally signifies better performance, suggesting that the company is making efficient use of its resources to create value. Conversely, a low GKR might point to inefficiencies in asset management or operational challenges.

This metric is particularly useful for comparing the performance of companies within the same industry, as it normalizes for differences in capital structure. Investors and analysts often use GKR alongside other profitability ratios to gain a more complete understanding of a company's financial health and its potential for future growth. It is a fundamental indicator for evaluating the overall success of a business's strategic and operational decisions.