Macofil Tg Jiu (BSE:MACO) ROCE % : 0.00% (As of . 20)

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What is Macofil Tg Jiu 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. Macofil Tg Jiu's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Macofil Tg Jiu ROCE % Historical Data

The historical data trend for Macofil Tg Jiu'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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Macofil Tg Jiu ROCE % Chart

Macofil Tg Jiu Annual Data

Trend

ROCE %

Macofil Tg Jiu Semi-Annual Data

ROCE %

Macofil Tg Jiu ROCE % Calculation

Macofil Tg Jiu'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Macofil Tg Jiu'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.

Macofil Tg Jiu (BSE:MACO) 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.

Macofil Tg Jiu ROCE % Related Terms

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Macofil Tg Jiu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Macofil SA Tg Jiu (BSE:MACO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Street Barsesti Component, Nr. 217, Gorj, Targu Jiu, ROU

Website

https://www.macofilsa.ro

Macofil SA Tg Jiu manufactures bricks, tiles and construction products, in baked clay. The company products categories include ceramics macro, concrete prefabricated macaque, and mineral aggregates macophilus. Its products include Macoterm, caramida plina, caramida eficienta, bordura, wings, sand, refusal to cut and sort pietris.

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