Andersen & Martini Holding A/S (CHIX:AMBC) ROCE % : 2.21% (As of Jun. 2020)

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What is Andersen & Martini Holding A/S 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. Andersen & Martini Holding A/S's annualized ROCE % for the quarter that ended in Jun. 2020 was 2.21%.

Andersen & Martini Holding A/S ROCE % Historical Data

The historical data trend for Andersen & Martini Holding A/S'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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Andersen & Martini Holding A/S ROCE % Chart

Andersen & Martini Holding A/S Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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6.65

9.16

41.04

4.77

3.45

Andersen & Martini Holding A/S Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
ROCE %	Get a 7-Day Free Trial															5.38	4.00	2.44	4.25	2.21

Andersen & Martini Holding A/S ROCE % Calculation

Andersen & Martini Holding A/S's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	6.839	/	( ( (334.848 - 141.492)	+	(338.686 - 135.076) )	/ 2 )
	=	6.839	/	( (193.356	+	203.61)	/ 2 )
	=	6.839	/	198.483
	=	3.45 %

Andersen & Martini Holding A/S's ROCE % of for the quarter that ended in Jun. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2020 )		(Q: Dec. 2019 )		(Q: Jun. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2020 )		(Q: Dec. 2019 )		(Q: Jun. 2020 )
	=	4.53	/	( ( (338.686 - 135.076)	+	(336.439 - 129.7) )	/ 2 )
	=	4.53	/	( ( 203.61	+	206.739 )	/ 2 )
	=	4.53	/	205.1745
	=	2.21 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2020) EBIT data.

Andersen & Martini Holding A/S (CHIX:AMBc) 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.

Andersen & Martini Holding A/S ROCE % Related Terms

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Andersen & Martini Holding A/S (CHIX:AMBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Andersen & Martini Holding A/S (CHIX:AMBc) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

AGENAVEJ 15, Greve, DNK, 2670

Website

http://www.a-m.dk

Andersen & Martini A/S is engaged in the operation of car dealerships. The company is active within the trade leasing and rental of new and used car for private use and business purposes. Its product includes, opel, Saab, Kia, Fiat, Cadillac, among others. It also provides car repair, leasing services.