International Co for Medical Industries (CAI:ICMI) ROCE % : 0.00% (As of . 20)

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What is International Co for Medical Industries 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. International Co for Medical Industries's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

International Co for Medical Industries ROCE % Historical Data

The historical data trend for International Co for Medical Industries'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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International Co for Medical Industries ROCE % Chart

International Co for Medical Industries Annual Data

Trend

ROCE %

International Co for Medical Industries Quarterly Data

ROCE %

International Co for Medical Industries ROCE % Calculation

International Co for Medical Industries'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

International Co for Medical Industries'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.

International Co for Medical Industries (CAI:ICMI) 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.

International Co for Medical Industries ROCE % Related Terms

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International Co for Medical Industries (CAI:ICMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » International Co for Medical Industries (CAI:ICMI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abou Rawash Industrial Zone Area 21, Giza, EGY, 12577

Website

http://www.icmiegypt.com

International Co for Medical Industries is engaged in trading, export and marketing of all medical supplies. The company supplies needle pins to the Middle East and Africa region as a sole agent under the brand Mizawa.

International Co for Medical Industries (CAI:ICMI) Headlines

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