Arteca Jilava (BSE:ARJI) ROCE % : 0.00% (As of . 20)

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

Arteca Jilava ROCE % Historical Data

The historical data trend for Arteca Jilava'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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Arteca Jilava ROCE % Chart

Arteca Jilava Annual Data

Trend

ROCE %

Arteca Jilava Quarterly Data

ROCE %

Arteca Jilava ROCE % Calculation

Arteca Jilava'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Arteca Jilava'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.

Arteca Jilava (BSE:ARJI) 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.

Arteca Jilava ROCE % Related Terms

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Arteca Jilava (BSE:ARJI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arteca Jilava SA (BSE:ARJI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Prel. sos. giurgiului 33A, Jilava, ROU

Website

http://www.arteca.ro

Arteca Jilava SA is a manufacturer of rubber products. Its product line includes conveyer belts and hoses, gaskets, various articles of rubber flooring like technical rubber sheets, automotive articles, ebonite articles and military defense products, among others. The largest share of the company's turnover consists of the production and marketing revenues of hoses, conveyor belts and rubber sheets.

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