Zambia Forestry And Forest Industries (LUS:ZFCO) ROCE % : 0.00% (As of . 20)

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What is Zambia Forestry And Forest 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. Zambia Forestry And Forest Industries's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Zambia Forestry And Forest Industries ROCE % Historical Data

The historical data trend for Zambia Forestry And Forest 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.
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Zambia Forestry And Forest Industries ROCE % Chart

Zambia Forestry And Forest Industries Annual Data

Trend

ROCE %

Zambia Forestry And Forest Industries Semi-Annual Data

ROCE %

Zambia Forestry And Forest Industries ROCE % Calculation

Zambia Forestry And Forest 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Zambia Forestry And Forest 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 one times the annual (. 20) EBIT data.

Zambia Forestry And Forest Industries (LUS:ZFCO) 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.

Zambia Forestry And Forest Industries ROCE % Related Terms

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Zambia Forestry And Forest Industries (LUS:ZFCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Zambia Forestry And Forest Industries Corp PLC (LUS:ZFCO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dola Hill, P.O Box 71566, Ndola, ZMB

Website

http://www.zaffico.co.zm

Zambia Forestry And Forest Industries Corp PLC is the establishment and maintenance of exotic timber plantations from which roundwood and other timber products are produced for sale.

Zambia Forestry And Forest Industries (LUS:ZFCO) Headlines

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