National Home Furniture Industries (IQS:IHFI) ROCE % : 0.00% (As of . 20)

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What is National Home Furniture Industries 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. National Home Furniture Industries's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

National Home Furniture Industries ROCE % Historical Data

The historical data trend for National Home Furniture Industries'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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National Home Furniture Industries ROCE % Chart

National Home Furniture Industries Annual Data

Trend

ROCE %

National Home Furniture Industries Quarterly Data

ROCE %

National Home Furniture Industries ROCE % Calculation

National Home Furniture Industries'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

National Home Furniture Industries'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.

National Home Furniture Industries (IQS:IHFI) 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.

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National Home Furniture Industries (IQS:IHFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » National Home Furniture Industries (IQS:IHFI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Entrance of Duhok Road, Bessan, Mosul, IRQ

Website

National Home Furniture Industries manufactures furniture and household products. It manufactures, office chairs and tables, television cabinets and tables, wooden benches, institutional furniture, and other related furniture products.

National Home Furniture Industries (IQS:IHFI) Headlines

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