Abu Qir Fertilizers and Chemical Industries Co (CAI:ABUK) ROCE % : 0.00% (As of Dec. 2023)

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What is Abu Qir Fertilizers and Chemical Industries Co 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. Abu Qir Fertilizers and Chemical Industries Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Abu Qir Fertilizers and Chemical Industries Co ROCE % Historical Data

The historical data trend for Abu Qir Fertilizers and Chemical Industries Co'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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Abu Qir Fertilizers and Chemical Industries Co ROCE % Chart

Abu Qir Fertilizers and Chemical Industries Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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54.27

85.79

77.16

Abu Qir Fertilizers and Chemical Industries Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-	-	-	41.03	-

Abu Qir Fertilizers and Chemical Industries Co ROCE % Calculation

Abu Qir Fertilizers and Chemical Industries Co's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	18522.161	/	( ( (22372.474 - 4074.131)	+	(35425.015 - 5713.683) )	/ 2 )
	=	18522.161	/	( (18298.343	+	29711.332)	/ 2 )
	=	18522.161	/	24004.8375
	=	77.16 %

Abu Qir Fertilizers and Chemical Industries Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (37882.896 - 17381.384)	+	(30483.044 - 6763.809) )	/ 2 )
	=	0	/	( ( 20501.512	+	23719.235 )	/ 2 )
	=	0	/	22110.3735
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Abu Qir Fertilizers and Chemical Industries Co (CAI:ABUK) 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.

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Abu Qir Fertilizers and Chemical Industries Co (CAI:ABUK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Abu Qir Fertilizers and Chemical Industries Co (CAI:ABUK) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

95 - 26th July Road, Selsela's Tower, Alexandria, EGY

Website

https://www.abuqir.com

Abu Qir Fertilizers and Chemical Industries Co is engaged in manufacturing all types of fertilizers, chemicals and other related materials or derived from it or materials which are necessary for its manufacturing, packing, purchasing, and selling for both domestic and world-wide market.Its products include prilled urea, granular nitrate, granular urea and Liquid fertilizer.

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