Arcelormittal Hunedoara (BSE:SIDG) ROCE % : 0.00% (As of . 20)

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

Arcelormittal Hunedoara ROCE % Historical Data

The historical data trend for Arcelormittal Hunedoara'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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Arcelormittal Hunedoara ROCE % Chart

Arcelormittal Hunedoara Annual Data

Trend

ROCE %

Arcelormittal Hunedoara Semi-Annual Data

ROCE %

Arcelormittal Hunedoara ROCE % Calculation

Arcelormittal Hunedoara'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Arcelormittal Hunedoara'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.

Arcelormittal Hunedoara (BSE:SIDG) 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.

Arcelormittal Hunedoara ROCE % Related Terms

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Arcelormittal Hunedoara Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Arcelormittal Hunedoara SA (BSE:SIDG) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

DJ 687- No 4, Hunedoara, ROU, 331111

Website

http://www.arcelormittalhunedoara.ro

Arcelormittal Hunedoara SA is a steel company. The production activity of the company is focused on the development of steel and the manufacture of long continuously cast and hot-rolled profiles.

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