Jordan Phosphates Mines Co (AMM:JOPH) ROCE % : 37.79% (As of Dec. 2024)

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What is Jordan Phosphates Mines Co 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. Jordan Phosphates Mines Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 37.79%.

Jordan Phosphates Mines Co ROCE % Historical Data

The historical data trend for Jordan Phosphates Mines Co'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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Jordan Phosphates Mines Co ROCE % Chart

Jordan Phosphates Mines Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.90

45.25

67.05

35.23

31.76

Jordan Phosphates Mines Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															36.75	25.54	532.37	1,078.59	37.79

Jordan Phosphates Mines Co ROCE % Calculation

Jordan Phosphates Mines Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	608.796	/	( ( (2145.117 - 295.139)	+	(2148.192 - 164.264) )	/ 2 )
	=	608.796	/	( (1849.978	+	1983.928)	/ 2 )
	=	608.796	/	1916.953
	=	31.76 %

Jordan Phosphates Mines Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	722.312	/	( ( (2066.912 - 228.367)	+	(2148.192 - 164.264) )	/ 2 )
	=	722.312	/	( ( 1838.545	+	1983.928 )	/ 2 )
	=	722.312	/	1911.2365
	=	37.79 %

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

Jordan Phosphates Mines Co (AMM:JOPH) 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.

Jordan Phosphates Mines Co ROCE % Related Terms

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Jordan Phosphates Mines Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Jordan Phosphates Mines Co PLC (AMM:JOPH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Sharif Al-Radhi Street, Amman, JOR, 11118

Website

https://www.jpmc.com.jo

Jordan Phosphates Mines Co PLC engages in the mining, and marketing of phosphates and fertilizers. The activities of the company can be classified under two complementary sectors: the mining sector and the phosphate fertilizer sector. The group extracts phosphate rocks from the Al-Hessa, Al-Abiad, Shidiya, and Al-Russiefah mines. The product portfolio of the company consists of various products such as phosphate, diammonium phosphate, phosphate acid, sulfuric acid, and aluminum fluoride. Geographically business of the firm is spread across the market of Jordan, Asia, Australia, Europe, Africa, and internationally.

Jordan Phosphates Mines Co Headlines

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