Easy Lease Motor Cycle Rental PRJSC (ADX:EASYLEASE) ROCE % : 0.00% (As of . 20)

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What is Easy Lease Motor Cycle Rental PRJSC 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. Easy Lease Motor Cycle Rental PRJSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Easy Lease Motor Cycle Rental PRJSC ROCE % Historical Data

The historical data trend for Easy Lease Motor Cycle Rental PRJSC'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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Easy Lease Motor Cycle Rental PRJSC ROCE % Chart

Easy Lease Motor Cycle Rental PRJSC Annual Data

Trend

ROCE %

Easy Lease Motor Cycle Rental PRJSC Semi-Annual Data

ROCE %

Easy Lease Motor Cycle Rental PRJSC ROCE % Calculation

Easy Lease Motor Cycle Rental PRJSC'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Easy Lease Motor Cycle Rental PRJSC'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.

Easy Lease Motor Cycle Rental PRJSC (ADX:EASYLEASE) 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.

Easy Lease Motor Cycle Rental PRJSC ROCE % Related Terms

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Easy Lease Motor Cycle Rental PRJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Easy Lease Motor Cycle Rental PRJSC (ADX:EASYLEASE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Nouf Tower 1004, Deira, P.O. Box 333367, Dubai, ARE

Website

https://www.easylease.ae

Easy Lease Motor Cycle Rental PRJSC is engaged in the business of motorcycle leasing. It offers a full-service, all-in motorcycle lease where clients pay as they go and not worry about the hassles of maintenance, upkeep, and overheads.

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