Zar Makaron (XTEH:ZARM1) ROCE % : 0.00% (As of . 20)

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

Zar Makaron ROCE % Historical Data

The historical data trend for Zar Makaron'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.
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Zar Makaron ROCE % Chart

Zar Makaron Annual Data

Trend

ROCE %

Zar Makaron Semi-Annual Data

ROCE %

Zar Makaron ROCE % Calculation

Zar Makaron'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Zar Makaron'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 one times the annual (. 20) EBIT data.

Zar Makaron (XTEH:ZARM1) 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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Zar Makaron (XTEH:ZARM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zar Makaron (XTEH:ZARM1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.2, First Dead-End Street Mollasadra Avenue, North Sheykh Bahaie Street, Tehran, IRN

Website

https://www.zarmacaron.com

Zar Makaron is engaged in producing and supplying various food products such as pasta, cake powders, pasta sauce, flour, and pottage macaroni among others.

Zar Makaron (XTEH:ZARM1) Headlines

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