Kharkh Tour Amusement City (IQS:SKTA) ROCE % : 0.00% (As of . 20)

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What is Kharkh Tour Amusement City 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. Kharkh Tour Amusement City's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Kharkh Tour Amusement City ROCE % Historical Data

The historical data trend for Kharkh Tour Amusement City'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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Kharkh Tour Amusement City ROCE % Chart

Kharkh Tour Amusement City Annual Data

Trend

ROCE %

Kharkh Tour Amusement City Quarterly Data

ROCE %

Kharkh Tour Amusement City ROCE % Calculation

Kharkh Tour Amusement City'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Kharkh Tour Amusement City'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.

Kharkh Tour Amusement City (IQS:SKTA) 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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Kharkh Tour Amusement City (IQS:SKTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kharkh Tour Amusement City (IQS:SKTA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Saydiah, Egnadeen County, Qater-el-Nada Street, Baghdad, IRQ

Website

Kharkh Tour Amusement City is engaged in the provision of amusement and entertainment services, such as amusement rides and parks.

Kharkh Tour Amusement City (IQS:SKTA) Headlines

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