Automakedonija AD (XMAE:AUMK) ROCE % : 0.00% (As of . 20)

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What is Automakedonija AD 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. Automakedonija AD's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Automakedonija AD ROCE % Historical Data

The historical data trend for Automakedonija AD'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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Automakedonija AD ROCE % Chart

Automakedonija AD Annual Data

Trend

ROCE %

Automakedonija AD Quarterly Data

ROCE %

Automakedonija AD ROCE % Calculation

Automakedonija AD'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Automakedonija AD'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.

Automakedonija AD (XMAE:AUMK) 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.

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Automakedonija AD (XMAE:AUMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Automakedonija AD (XMAE:AUMK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Macedonian Brigade No. 2 Skopje, Skopje, MKD

Website

https://www.automakedonija.com.mk

Automakedonija AD is a vehicle dealing company. The company promotes, sells, and provides technical assistance and services for commercial vehicles, trucks, and buses in Macedonia. The company also provides car accessories and spare parts.

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