Alexandria Spinning & Weaving (CAI:SPIN) ROCE % : 0.00% (As of . 20)

View and export this data going back to 1995. Start your Free Trial

What is Alexandria Spinning & Weaving 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. Alexandria Spinning & Weaving's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Alexandria Spinning & Weaving ROCE % Historical Data

The historical data trend for Alexandria Spinning & Weaving'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.

Alexandria Spinning & Weaving ROCE % Chart

Alexandria Spinning & Weaving Annual Data

Trend

ROCE %

Alexandria Spinning & Weaving Quarterly Data

ROCE %

Alexandria Spinning & Weaving ROCE % Calculation

Alexandria Spinning & Weaving'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Alexandria Spinning & Weaving'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.

Alexandria Spinning & Weaving (CAI:SPIN) 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.

Alexandria Spinning & Weaving ROCE % Related Terms

Thank you for viewing the detailed overview of Alexandria Spinning & Weaving's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Alexandria Spinning & Weaving (CAI:SPIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Alexandria Spinning & Weaving (CAI:SPIN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

El Bar el Kebly, El Mahmoudeia, El Nozha, Alexandria, EGY

Website

http://www.spinalex.com

Alexandria Spinning & Weaving operates as a textile manufacturing company. It is engaged in spinning, weaving, and trading of textiles. The company's products include compact yarns, gassed yarns, final and coarse combed yarns, and carded yarns.

Alexandria Spinning & Weaving (CAI:SPIN) Headlines

No Headlines