Dimensions Jordan and Emirates Commercial Investments (AMM:JEDI) ROCE % : -8.51% (As of Sep. 2024)

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What is Dimensions Jordan and Emirates Commercial Investments 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. Dimensions Jordan and Emirates Commercial Investments's annualized ROCE % for the quarter that ended in Sep. 2024 was -8.51%.

Dimensions Jordan and Emirates Commercial Investments ROCE % Historical Data

The historical data trend for Dimensions Jordan and Emirates Commercial Investments'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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Dimensions Jordan and Emirates Commercial Investments ROCE % Chart

Dimensions Jordan and Emirates Commercial Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.58

-0.79

-2.14

-8.28

-3.81

Dimensions Jordan and Emirates Commercial Investments 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															-4.79	-3.98	-1.59	-17.83	-8.51

Dimensions Jordan and Emirates Commercial Investments ROCE % Calculation

Dimensions Jordan and Emirates Commercial Investments'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 )
	=	-0.019	/	( ( (0.75 - 0.255)	+	(0.686 - 0.183) )	/ 2 )
	=	-0.019	/	( (0.495	+	0.503)	/ 2 )
	=	-0.019	/	0.499
	=	-3.81 %

Dimensions Jordan and Emirates Commercial Investments'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 )
	=	-0.04	/	( ( (0.67 - 0.185)	+	(0.668 - 0.213) )	/ 2 )
	=	-0.04	/	( ( 0.485	+	0.455 )	/ 2 )
	=	-0.04	/	0.47
	=	-8.51 %

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

Dimensions Jordan and Emirates Commercial Investments (AMM:JEDI) 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.

Dimensions Jordan and Emirates Commercial Investments ROCE % Related Terms

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Dimensions Jordan and Emirates Commercial Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dimensions Jordan and Emirates Commercial Investments Corp (AMM:JEDI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Amman- ?AbuAlanda, 566 Abu Alanda, Amman, JOR, 11592

Website

http://www.dimensions-inv.com

Dimensions Jordan and Emirates Commercial Investments Corp is engaged in providing administrative, financial and accounting advisory services, import and export, import and estimate, financial leasing and ownership of movable and immovable funds to implement the its objectives, trade in vehicles and spare parts and establish housing and construction projects of all types and residential, commercial, industrial and investment objectives and sell it without usurious interest or rent it and manage and develop real estate projects.

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