Selonda Aquaculture (ATH:SELO) ROCE % : 0.00% (As of . 20)

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

Selonda Aquaculture ROCE % Historical Data

The historical data trend for Selonda Aquaculture'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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Selonda Aquaculture ROCE % Chart

Selonda Aquaculture Annual Data

Trend

ROCE %

Selonda Aquaculture Quarterly Data

ROCE %

Selonda Aquaculture ROCE % Calculation

Selonda Aquaculture'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Selonda Aquaculture'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 four times the quarterly (. 20) EBIT data.

Selonda Aquaculture (ATH:SELO) 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.

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Selonda Aquaculture (ATH:SELO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Selonda Aquaculture SA (ATH:SELO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Leoforos Kifisias 56, Marousi, Athens, GRC, 151 25

Website

http://www.selonda.com

Selonda Aquaculture SA is engaged in the production, cultivation, and distribution of Sea Bream and Sea Bass. The Group activates mainly in the production, trading, and distribution of fresh fish from Mediterranean aquaculture in the markets of the European Union as well as outside the EU. The company also provides fry products, such as gilthead seabream, European seabass, sharp snout seabream or puntazzo, red porgy, and meagre fry products.

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