Iraqi for Tufted Carpets and Floors (IQS:IITC) ROCE % : 0.00% (As of . 20)

View and export this data going back to 2004. Start your Free Trial

What is Iraqi for Tufted Carpets and Floors 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. Iraqi for Tufted Carpets and Floors's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Iraqi for Tufted Carpets and Floors ROCE % Historical Data

The historical data trend for Iraqi for Tufted Carpets and Floors'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.

Iraqi for Tufted Carpets and Floors ROCE % Chart

Iraqi for Tufted Carpets and Floors Annual Data

Trend

ROCE %

Iraqi for Tufted Carpets and Floors Quarterly Data

ROCE %

Iraqi for Tufted Carpets and Floors ROCE % Calculation

Iraqi for Tufted Carpets and Floors's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Iraqi for Tufted Carpets and Floors's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Iraqi for Tufted Carpets and Floors (IQS:IITC) 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.

Iraqi for Tufted Carpets and Floors ROCE % Related Terms

Thank you for viewing the detailed overview of Iraqi for Tufted Carpets and Floors's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Iraqi for Tufted Carpets and Floors (IQS:IITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Iraqi for Tufted Carpets and Floors (IQS:IITC) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Street 28, Building 5, Sector 622, Al-Dawoudy, Al-Hamra, Baghdad, IRQ

Website

Iraqi for Tufted Carpets and Floors operates in textile products. Its product portfolio comprises of floors, carpet, and rug mills. The company is based in Baghdad, Iraq.

Iraqi for Tufted Carpets and Floors (IQS:IITC) Headlines

No Headlines