Shaheen Insurance Co (KAR:SHNI) ROCE % : 0.00% (As of . 20)

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What is Shaheen Insurance Co 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. Shaheen Insurance Co's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Shaheen Insurance Co ROCE % Historical Data

The historical data trend for Shaheen Insurance Co'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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Shaheen Insurance Co ROCE % Chart

Shaheen Insurance Co Annual Data

Trend

ROCE %

Shaheen Insurance Co Quarterly Data

ROCE %

Shaheen Insurance Co ROCE % Calculation

Shaheen Insurance Co'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Shaheen Insurance Co'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.

Shaheen Insurance Co (KAR:SHNI) 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.

Shaheen Insurance Co ROCE % Related Terms

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Shaheen Insurance Co (KAR:SHNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Shaheen Insurance Co Ltd (KAR:SHNI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th Floor, M.R. Kayani Road, Shaheen Complex, Karachi, SD, PAK, 74200

Website

http://www.shaheeninsurance.com

Shaheen Insurance Co Ltd provides general insurance products and services. The operating segments of the company are Fire, Marine, Aviation and Transport, Motor, Accident and health, and Miscellaneous.

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