IDICO Machinery Erection Construction Investment JSC (HSTC:LMI) ROCE % : 0.00% (As of . 20)

View and export this data going back to 2017. Start your Free Trial

What is IDICO Machinery Erection Construction Investment JSC 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. IDICO Machinery Erection Construction Investment JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

IDICO Machinery Erection Construction Investment JSC ROCE % Historical Data

The historical data trend for IDICO Machinery Erection Construction Investment JSC'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.

IDICO Machinery Erection Construction Investment JSC ROCE % Chart

IDICO Machinery Erection Construction Investment JSC Annual Data

Trend

ROCE %

IDICO Machinery Erection Construction Investment JSC Semi-Annual Data

ROCE %

IDICO Machinery Erection Construction Investment JSC ROCE % Calculation

IDICO Machinery Erection Construction Investment JSC'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

IDICO Machinery Erection Construction Investment JSC'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.

IDICO Machinery Erection Construction Investment JSC (HSTC:LMI) 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.

IDICO Machinery Erection Construction Investment JSC ROCE % Related Terms

Thank you for viewing the detailed overview of IDICO Machinery Erection Construction Investment JSC's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

IDICO Machinery Erection Construction Investment JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IDICO Machinery Erection Construction Investment JSC (HSTC:LMI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Km 23, Highway 51, Hamlet 1, Long An Commune, Long Thanh District, Dong Nai, VNM

Website

https://www.lamaidico.com.vn

IDICO Machinery Erection Construction Investment JSC is engaged in the installation of water supply and drainage systems, heaters, air conditioners, machinery, electrical systems, and industrial equipment; manufacture of tanks, boilers, metal structures, and metal containers; construction of houses, public works, technical works, and others.

IDICO Machinery Erection Construction Investment JSC Headlines

No Headlines