Unirea Cluj Napoca (BSE:UNIR) ROCE % : 0.00% (As of . 20)

View and export this data going back to 1996. Start your Free Trial

What is Unirea Cluj Napoca 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. Unirea Cluj Napoca's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Unirea Cluj Napoca ROCE % Historical Data

The historical data trend for Unirea Cluj Napoca'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.

* Premium members only.

Unirea Cluj Napoca ROCE % Chart

Unirea Cluj Napoca Annual Data

Trend

ROCE %

Unirea Cluj Napoca Semi-Annual Data

ROCE %

Unirea Cluj Napoca ROCE % Calculation

Unirea Cluj Napoca'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Unirea Cluj Napoca'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.

Unirea Cluj Napoca (BSE:UNIR) 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.

Unirea Cluj Napoca ROCE % Related Terms

Thank you for viewing the detailed overview of Unirea Cluj Napoca's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Unirea Cluj Napoca Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Unirea SA Cluj Napoca (BSE:UNIR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P-ta 1 Mai 1-2, Jud. Cluj, Cluj Napoca, ROU

Website

http://www.unireacluj.ro

Unirea SA Cluj Napoca is engaged in the manufacturing of machine tools, building industry machines, spare parts, cast pieces, molds, metal constructions, and space rentals among others.