Skyway Aviation Handling Co (NSA:SKYAVN) ROCE % : 0.00% (As of . 20)

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What is Skyway Aviation Handling 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. Skyway Aviation Handling Co's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Skyway Aviation Handling Co ROCE % Historical Data

The historical data trend for Skyway Aviation Handling 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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Skyway Aviation Handling Co ROCE % Chart

Skyway Aviation Handling Co Annual Data

Trend

ROCE %

Skyway Aviation Handling Co Semi-Annual Data

ROCE %

Skyway Aviation Handling Co ROCE % Calculation

Skyway Aviation Handling 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Skyway Aviation Handling 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 one times the annual (. 20) EBIT data.

Skyway Aviation Handling Co (NSA:SKYAVN) 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.

Skyway Aviation Handling Co ROCE % Related Terms

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Skyway Aviation Handling Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Skyway Aviation Handling Co PLC (NSA:SKYAVN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

SAHCOL Complex, Cargo Terminal, Murtala Muhammed International Airport, P.M.B 21768, Ikeja, Lagos, NGA

Website

https://www.sahcoplc.com

Skyway Aviation Handling Co PLC is a Nigeria based company engaged in the business of aviation support services with principal activities spanning the provision of services including aircraft/ramp handling, cargo handling, passenger handling, premium lounge, aviation security and baggage reconciliation.

Skyway Aviation Handling Co Headlines

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