G.F.C. Green Fields Capital (XTAE:GFC-M) ROCE % : 20.23% (As of Dec. 2023)

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What is G.F.C. Green Fields Capital 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. G.F.C. Green Fields Capital's annualized ROCE % for the quarter that ended in Dec. 2023 was 20.23%.

G.F.C. Green Fields Capital ROCE % Historical Data

The historical data trend for G.F.C. Green Fields Capital'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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G.F.C. Green Fields Capital ROCE % Chart

G.F.C. Green Fields Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.15

1.49

6.81

1.22

16.03

G.F.C. Green Fields Capital Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial														2.92	2.59	-0.18	12.03	20.23

G.F.C. Green Fields Capital ROCE % Calculation

G.F.C. Green Fields Capital'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 )
	=	24.223	/	( ( (357.726 - 214.334)	+	(605.173 - 446.255) )	/ 2 )
	=	24.223	/	( (143.392	+	158.918)	/ 2 )
	=	24.223	/	151.155
	=	16.03 %

G.F.C. Green Fields Capital's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	30.964	/	( ( (500.922 - 353.68)	+	(605.173 - 446.255) )	/ 2 )
	=	30.964	/	( ( 147.242	+	158.918 )	/ 2 )
	=	30.964	/	153.08
	=	20.23 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

G.F.C. Green Fields Capital (XTAE:GFC-M) 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.

G.F.C. Green Fields Capital ROCE % Related Terms

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G.F.C. Green Fields Capital (XTAE:GFC-M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » G.F.C. Green Fields Capital Ltd (XTAE:GFC-M) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Bnei Brak, Masada, Ramat Gan, ISR, 5126112

Website

http://www.rosettagreen.com

G.F.C. Green Fields Capital Ltd develops improved plant traits using genes called microRNAs for the agriculture and biofuel industries. It is engaged in the identification of genes for improvement or plant cultivation.

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