Arab East Investment (AMM:AEIV) ROCE % : -2.64% (As of Mar. 2024)

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What is Arab East Investment 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. Arab East Investment's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.64%.

Arab East Investment ROCE % Historical Data

The historical data trend for Arab East Investment'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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Arab East Investment ROCE % Chart

Arab East Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.74

-0.10

1.64

-0.23

0.56

Arab East Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-1.84	1.18	2.00	0.89	-2.64

Arab East Investment ROCE % Calculation

Arab East Investment'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 )
	=	0.348	/	( ( (63.238 - 1.444)	+	(63.43 - 1.12) )	/ 2 )
	=	0.348	/	( (61.794	+	62.31)	/ 2 )
	=	0.348	/	62.052
	=	0.56 %

Arab East Investment's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.636	/	( ( (63.43 - 1.12)	+	(62.852 - 1.007) )	/ 2 )
	=	-1.636	/	( ( 62.31	+	61.845 )	/ 2 )
	=	-1.636	/	62.0775
	=	-2.64 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Arab East Investment (AMM:AEIV) 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.

Arab East Investment ROCE % Related Terms

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Arab East Investment (AMM:AEIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arab East Investment (AMM:AEIV) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Shat Al-Arab Street Om Othainah, Villa No.11, PO Box 851322, Amman, JOR, 11185

Website

http://www.aeivco.com

Arab East Investment is engaged in all real estate investment activities. Its main activities are to manage and exercise all real estate investment activities, invest in stocks and bonds, and provide loans and guarantees.

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