Fabrica Nacional de Cementos CA FNC (CAR:FNC) ROCE % : 0.00% (As of . 20)

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What is Fabrica Nacional de Cementos CA FNC 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. Fabrica Nacional de Cementos CA FNC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Fabrica Nacional de Cementos CA FNC ROCE % Historical Data

The historical data trend for Fabrica Nacional de Cementos CA FNC'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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Fabrica Nacional de Cementos CA FNC ROCE % Chart

Fabrica Nacional de Cementos CA FNC Annual Data

Trend

ROCE %

Fabrica Nacional de Cementos CA FNC Semi-Annual Data

ROCE %

Fabrica Nacional de Cementos CA FNC ROCE % Calculation

Fabrica Nacional de Cementos CA FNC'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Fabrica Nacional de Cementos CA FNC'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 one times the annual (. 20) EBIT data.

Fabrica Nacional de Cementos CA FNC (CAR:FNC) 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.

Fabrica Nacional de Cementos CA FNC ROCE % Related Terms

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Fabrica Nacional de Cementos CA FNC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Fabrica Nacional de Cementos CA FNC (CAR:FNC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Principal La Castellana, Latvia Center, ING Bank Tower, 6th floor, Caracas, VEN

Website

http://www.fnc.com.ve

Fabrica Nacional de Cementos CA FNC is engaaged in production and marketing of cement and concrete, a strategic material for construction. The company produces cement and ready-mix concrete, clinker as well as gray portland cement.

Fabrica Nacional de Cementos CA FNC Headlines

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