Cairo Mezz (FRA:6H3) ROCE % : 0.00% (As of Dec. 2022)

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What is Cairo Mezz 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. Cairo Mezz's annualized ROCE % for the quarter that ended in Dec. 2022 was 0.00%.

Cairo Mezz ROCE % Historical Data

The historical data trend for Cairo Mezz'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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Cairo Mezz ROCE % Chart

Cairo Mezz Annual Data

Trend

Dec22

Dec23

ROCE %

-2.33

104.10

Cairo Mezz Quarterly Data
	May20	Dec22	Dec23
ROCE %	-	-	-

Cairo Mezz ROCE % Calculation

Cairo Mezz's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	122.738	/	( ( (56.777 - 0.24)	+	(179.479 - 0.204) )	/ 2 )
	=	122.738	/	( (56.537	+	179.275)	/ 2 )
	=	122.738	/	117.906
	=	104.10 %

Cairo Mezz's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: May. 2020 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: May. 2020 )		(Q: Dec. 2022 )
	=	0	/	( ( (57.492 - 0)	+	(56.777 - 0.24) )	/ 2 )
	=	0	/	( ( 57.492	+	56.537 )	/ 2 )
	=	0	/	57.0145
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Cairo Mezz (FRA:6H3) 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.

Cairo Mezz ROCE % Related Terms

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Cairo Mezz (FRA:6H3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cairo Mezz PLC (FRA:6H3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CAIROMEZ:Greece

Address

33 Vasilissis Friderikis, 2nd Floor, Palais D’ Ivoire House, Nicosia, CYP, 1066

Website

https://www.cairomezz.com.cy

Cairo Mezz PLC is engaged in holding and managing mezzanine and junior notes issued due to the securitization of non-performing loans.

Cairo Mezz (FRA:6H3) Headlines

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