Middle East for Production and Marketing-Fish (IQS:AMEF) ROCE % : 0.00% (As of . 20)

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What is Middle East for Production and Marketing-Fish 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. Middle East for Production and Marketing-Fish's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Middle East for Production and Marketing-Fish ROCE % Historical Data

The historical data trend for Middle East for Production and Marketing-Fish'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.
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Middle East for Production and Marketing-Fish ROCE % Chart

Middle East for Production and Marketing-Fish Annual Data

Trend

ROCE %

Middle East for Production and Marketing-Fish Quarterly Data

ROCE %

Middle East for Production and Marketing-Fish ROCE % Calculation

Middle East for Production and Marketing-Fish'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Middle East for Production and Marketing-Fish'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 four times the quarterly (. 20) EBIT data.

Middle East for Production and Marketing-Fish (IQS:AMEF) 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.

Middle East for Production and Marketing-Fish ROCE % Related Terms

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Middle East for Production and Marketing-Fish (IQS:AMEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Middle East for Production and Marketing-Fish (IQS:AMEF) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Naser Helwa Building, Hai Al Wahda, Baghdad, IRQ

Website

Middle East for Production and Marketing-Fish operates in aquaculture processes. Its activities include the breeding and marketing of fish and fish products including fresh, canned, and frozen seafood.

Middle East for Production and Marketing-Fish (IQS:AMEF) Headlines

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