Alpha Namibia Industries Renewable Power (NAM:ANE) ROCE % : 0.00% (As of . 20)

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What is Alpha Namibia Industries Renewable Power 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. Alpha Namibia Industries Renewable Power's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Alpha Namibia Industries Renewable Power ROCE % Historical Data

The historical data trend for Alpha Namibia Industries Renewable Power's ROCE % can be seen below:

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Alpha Namibia Industries Renewable Power ROCE % Chart

Alpha Namibia Industries Renewable Power Annual Data

Trend

ROCE %

Alpha Namibia Industries Renewable Power Semi-Annual Data

ROCE %

Alpha Namibia Industries Renewable Power ROCE % Calculation

Alpha Namibia Industries Renewable Power'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Alpha Namibia Industries Renewable Power'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.

Alpha Namibia Industries Renewable Power (NAM:ANE) 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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Alpha Namibia Industries Renewable Power (NAM:ANE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alpha Namibia Industries Renewable Power Ltd (NAM:ANE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

47, Nelson Mandela Avenue, Klein Windhoek, Windhoek, NAM

Website

https://www.anirep.com

Alpha Namibia Industries Renewable Power Ltd is engaged in providing an investment of capital in renewable energy projects with a focus on the renewable energy sector in the generation, transmission, and distribution.

Alpha Namibia Industries Renewable Power (NAM:ANE) Headlines

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