Air Claim (BSE:CLAIM) ROCE % : 0.00% (As of . 20)

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

Air Claim ROCE % Historical Data

The historical data trend for Air Claim'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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Air Claim ROCE % Chart

Air Claim Annual Data

Trend

ROCE %

Air Claim Semi-Annual Data

ROCE %

Air Claim ROCE % Calculation

Air Claim'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Air Claim'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.

Air Claim (BSE:CLAIM) 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.

Air Claim ROCE % Related Terms

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Air Claim (BSE:CLAIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Claim SA (BSE:CLAIM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Strada Miron Costin, no. 65, loc, Constan?a, ROU

Website

https://www.airclaim.com

Air Claim SA provides intermediation services and facilitates for obtaining the due compensations by the air passengers whose flights have been delayed or canceled.

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