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International Market Centers (International Market Centers) ROCE % : 1.18% (As of Dec. 2014)


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What is International Market Centers 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. International Market Centers's annualized ROCE % for the quarter that ended in Dec. 2014 was 1.18%.


International Market Centers ROCE % Historical Data

The historical data trend for International Market Centers'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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International Market Centers ROCE % Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
ROCE %
-3.49 0.46 1.18

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
ROCE % -3.49 0.46 1.18

International Market Centers ROCE % Calculation

International Market Centers's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=9.299/( ( (839.341 - 30.373) + (788.612 - 27.349) )/ 2 )
=9.299/( (808.968+761.263)/ 2 )
=9.299/785.1155
=1.18 %

International Market Centers's ROCE % of for the quarter that ended in Dec. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2014 )  (Q: Dec. 2013 )(Q: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2014 )  (Q: Dec. 2013 )(Q: Dec. 2014 )
=9.299/( ( (839.341 - 30.373) + (788.612 - 27.349) )/ 2 )
=9.299/( ( 808.968 + 761.263 )/ 2 )
=9.299/785.1155
=1.18 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2014) 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.


International Market Centers  (NYSE:IMC) 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.


International Market Centers ROCE % Related Terms

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International Market Centers (International Market Centers) Business Description

Traded in Other Exchanges
N/A
Address
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.

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