SSGA Active Trust (BKK:GOLD19) ROCE % : 0.00% (As of . 20)

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What is SSGA Active Trust 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. SSGA Active Trust's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

SSGA Active Trust ROCE % Historical Data

The historical data trend for SSGA Active Trust'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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SSGA Active Trust ROCE % Chart

SSGA Active Trust Annual Data

Trend

ROCE %

SSGA Active Trust Semi-Annual Data

ROCE %

SSGA Active Trust ROCE % Calculation

SSGA Active Trust'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

SSGA Active Trust'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.

SSGA Active Trust (BKK:GOLD19) 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.

SSGA Active Trust ROCE % Related Terms

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SSGA Active Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SSGA Active Trust (BKK:GOLD19) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

One Iron Street, Boston, MA, USA, 02210

Website

https://www.ssga.com

SSGA Active Trust is an open-end management investment company. Its products include ETF, Mutual Funds, Equities, and other assets. The company is an innovator and problem solver, stewards and educators, with experts across the globe, company is the quiet power in a tumultuous investing world. The Company partner with many of the world's known institutions and financial intermediaries to help create outcomes for the world's investors and the people served.

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