Molino CanuelasCIFIA (Molino CanuelasCIFIA) ROCE % : -16.17% (As of Aug. 2017)

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What is Molino CanuelasCIFIA 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. Molino CanuelasCIFIA's annualized ROCE % for the quarter that ended in Aug. 2017 was -16.17%.

Molino CanuelasCIFIA ROCE % Historical Data

The historical data trend for Molino CanuelasCIFIA'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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Molino CanuelasCIFIA ROCE % Chart

Molino CanuelasCIFIA Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

ROCE %

15.62

13.20

16.70

Molino CanuelasCIFIA Quarterly Data
	Nov14	Nov15	May16	Aug16	Nov16	May17	Aug17
ROCE %	Get a 7-Day Free Trial			44.01	-	11.48	-2.64	-16.17

Molino CanuelasCIFIA ROCE % Calculation

Molino CanuelasCIFIA's annualized ROCE % for the fiscal year that ended in Nov. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2016 )		(A: Nov. 2015 )		(A: Nov. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2016 )		(A: Nov. 2015 )		(A: Nov. 2016 )
	=	129.937	/	( ( (1401.823 - 818.912)	+	(1698.251 - 724.957) )	/ 2 )
	=	129.937	/	( (582.911	+	973.294)	/ 2 )
	=	129.937	/	778.1025
	=	16.70 %

Molino CanuelasCIFIA's ROCE % of for the quarter that ended in Aug. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2017 )		(Q: May. 2017 )		(Q: Aug. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2017 )		(Q: May. 2017 )		(Q: Aug. 2017 )
	=	-123.34	/	( ( (1648.985 - 900.106)	+	(1684.769 - 908.507) )	/ 2 )
	=	-123.34	/	( ( 748.879	+	776.262 )	/ 2 )
	=	-123.34	/	762.5705
	=	-16.17 %

(1) Note: The EBIT data used here is four times the quarterly (Aug. 2017) EBIT data.

Molino CanuelasCIFIA (NYSE:MOLC) 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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Molino CanuelasCIFIA (Molino CanuelasCIFIA) Business Description

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