Future Arab Investment (AMM:FUTR) ROCE % : 11.98% (As of Sep. 2024)

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What is Future Arab 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. Future Arab Investment's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.98%.

Future Arab Investment ROCE % Historical Data

The historical data trend for Future Arab 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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Future Arab Investment ROCE % Chart

Future Arab Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.18

-4.90

0.66

6.80

-0.12

Future Arab Investment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															2.46	-9.24	4.49	9.50	11.98

Future Arab Investment ROCE % Calculation

Future Arab 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 )
	=	-0.025	/	( ( (26.732 - 6.511)	+	(25.457 - 5.672) )	/ 2 )
	=	-0.025	/	( (20.221	+	19.785)	/ 2 )
	=	-0.025	/	20.003
	=	-0.12 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	2.368	/	( ( (28.857 - 8.958)	+	(29.396 - 9.775) )	/ 2 )
	=	2.368	/	( ( 19.899	+	19.621 )	/ 2 )
	=	2.368	/	19.76
	=	11.98 %

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

Future Arab Investment (AMM:FUTR) 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.

Future Arab Investment ROCE % Related Terms

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Future Arab Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Future Arab Investment (AMM:FUTR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 Sharif Naser Street, Sport City Circle, P.O. Box 20082, Quqa Group Building, Al-Shimaisani, Amman, JOR, 11118

Website

http://www.fainvest.com

Future Arab Investment is a Jordan-based company engaged in the provision of investment project surveys. It is involved in the establishment, development, sale, rental, and management of movable and immovable properties; contribution to other companies; business development; and project management. The revenue is earned from the sale of vehicles, machines, and raw materials; rendering of services; and dividend and interest income.

Future Arab Investment Headlines

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