Assiut Islamic Trading (CAI:AITG.CA) ROCE % : 0.00% (As of . 20)

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What is Assiut Islamic Trading 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. Assiut Islamic Trading's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Assiut Islamic Trading ROCE % Historical Data

The historical data trend for Assiut Islamic Trading'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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Assiut Islamic Trading ROCE % Chart

Assiut Islamic Trading Annual Data

Trend

ROCE %

Assiut Islamic Trading Quarterly Data

ROCE %

Assiut Islamic Trading ROCE % Calculation

Assiut Islamic Trading'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Assiut Islamic Trading'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 four times the quarterly (. 20) EBIT data.

Assiut Islamic Trading (CAI:AITG.CA) 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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Assiut Islamic Trading (CAI:AITG.CA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Assiut Islamic Trading (CAI:AITG.CA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

El Watania Tower, El Gomhoria Street, Assiut, EGY

Website

Assiut Islamic Trading is engaged in trading & distribution of building materials, construction equipment & machinery, transportation, marketing of grains & seeds. It also engages in buying & selling of properties & buildings.

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