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General Technologies AG (FRA:W8Z0) ROCE % : -27.45% (As of Jun. 2019)


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What is General Technologies AG 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. General Technologies AG's annualized ROCE % for the quarter that ended in Jun. 2019 was -27.45%.


General Technologies AG ROCE % Historical Data

The historical data trend for General Technologies AG'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.

General Technologies AG ROCE % Chart

General Technologies AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -79.73 -39.50 -14.20 -103.20 19.63

General Technologies AG Semi-Annual Data
Dec08 Dec09 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.90 -271.73 -174.60 178.62 -27.45

General Technologies AG ROCE % Calculation

General Technologies AG's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=0.016/( ( (0.066 - 0.001) + (0.138 - 0.04) )/ 2 )
=0.016/( (0.065+0.098)/ 2 )
=0.016/0.0815
=19.63 %

General Technologies AG's ROCE % of for the quarter that ended in Jun. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2019 )  (Q: Dec. 2018 )(Q: Jun. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2019 )  (Q: Dec. 2018 )(Q: Jun. 2019 )
=-0.028/( ( (0.138 - 0.04) + (0.165 - 0.059) )/ 2 )
=-0.028/( ( 0.098 + 0.106 )/ 2 )
=-0.028/0.102
=-27.45 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2019) EBIT data.

* 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.


General Technologies AG  (FRA:W8Z0) 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.


General Technologies AG ROCE % Related Terms

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General Technologies AG (FRA:W8Z0) Business Description

Traded in Other Exchanges
N/A
Address
Thurn-und-Taxis-Platz 6, Frankfurt, DEU, 60313
General Technologies AG, formerly Basic Resources AG offers services including capital market consulting, corporate restructuring, mergers & acquisitions and corporate communication. It identifies, finance and advises small and medium-sized companies in the areas of commodities and emerging markets.

General Technologies AG (FRA:W8Z0) Headlines

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