ASTA (Astra Veda) ROCE % : 0.00% (As of . 20)

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What is Astra Veda 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. Astra Veda's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Astra Veda ROCE % Historical Data

The historical data trend for Astra Veda'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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Astra Veda ROCE % Chart

Astra Veda Annual Data

Trend

ROCE %

Astra Veda Semi-Annual Data

ROCE %

Astra Veda ROCE % Calculation

Astra Veda'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Astra Veda'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.

Astra Veda (OTCPK:ASTA) 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.

Astra Veda ROCE % Related Terms

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Astra Veda Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Astra Veda Corp (OTCPK:ASTA) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

12361 East Cornell Avenue, Aurora, CO, USA, 80014

Website

https://www.astra-veda.com

Astra Veda Corp is focused on revolutionizing industries through relentless innovation, cutting-edge software, data security products, and professional services.

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