Aspire Capital Holding For Financial Investments (CAI:ASPI) ROCE % : 13.53% (As of Jun. 2021)

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What is Aspire Capital Holding For Financial Investments 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. Aspire Capital Holding For Financial Investments's annualized ROCE % for the quarter that ended in Jun. 2021 was 13.53%.

Aspire Capital Holding For Financial Investments ROCE % Historical Data

The historical data trend for Aspire Capital Holding For Financial Investments'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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Aspire Capital Holding For Financial Investments ROCE % Chart

Aspire Capital Holding For Financial Investments Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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10.80

18.84

16.18

Aspire Capital Holding For Financial Investments Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
ROCE %	Get a 7-Day Free Trial															23.85	9.66	-	15.39	13.53

Aspire Capital Holding For Financial Investments ROCE % Calculation

Aspire Capital Holding For Financial Investments's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	0	/	( ( (16073.797 - 5275.617)	+	(18837.954 - 6998.044) )	/ 2 )
	=	0	/	( (10798.18	+	11839.91)	/ 2 )
	=	0	/	11319.045
	=	0.00 %

Aspire Capital Holding For Financial Investments's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	1651.948	/	( ( (19916.401 - 7837.327)	+	(20572.68 - 8232.938) )	/ 2 )
	=	1651.948	/	( ( 12079.074	+	12339.742 )	/ 2 )
	=	1651.948	/	12209.408
	=	13.53 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2021) EBIT data.

Aspire Capital Holding For Financial Investments (CAI:ASPI) 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.

Aspire Capital Holding For Financial Investments ROCE % Related Terms

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Aspire Capital Holding For Financial Investments (CAI:ASPI) Business Description

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Address

Sheraton Al Matar, El Nozha, Cairo, EGY, 4923+HJQ

Website

https://www.pioneersholding.com

Pioneers Holding Co provides financial services. It offers its services to both retail and institutional investors. It provides brokerage services covering public and private sectors in restructuring, mergers, issuing of equity and debt capital, and market research. It also provides portfolio management services and financial investment consulting and updates.