Al-Nukhba General Contracting (IQS:SNUC) ROCE % : 0.00% (As of . 20)

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What is Al-Nukhba General Contracting 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. Al-Nukhba General Contracting's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Al-Nukhba General Contracting ROCE % Historical Data

The historical data trend for Al-Nukhba General Contracting's ROCE % can be seen below:

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Al-Nukhba General Contracting ROCE % Chart

Al-Nukhba General Contracting Annual Data

Trend

ROCE %

Al-Nukhba General Contracting Quarterly Data

ROCE %

Al-Nukhba General Contracting ROCE % Calculation

Al-Nukhba General Contracting'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Al-Nukhba General Contracting'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.

Al-Nukhba General Contracting (IQS:SNUC) 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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Al-Nukhba General Contracting (IQS:SNUC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Al-Nukhba General Contracting (IQS:SNUC) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Building 5, Hai Al-Nadhal Street, Street 28 , Sector 103, Baghdad, IRQ

Website

Al-Nukhba General Contracting provides construction services. It plans civil and electromechanical projects. The company also provides contract services as well as architectural and engineering services.

Al-Nukhba General Contracting (IQS:SNUC) Headlines

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