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Ansa McAL (TRN:AMCL) ROCE % : 6.66% (As of Sep. 2024)


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What is Ansa McAL 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. Ansa McAL's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.66%.


Ansa McAL ROCE % Historical Data

The historical data trend for Ansa McAL'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.

* Premium members only.

Ansa McAL ROCE % Chart

Ansa McAL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 9.84 6.77 8.48 4.78 8.24

Ansa McAL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.29 16.66 5.84 6.34 6.66

Ansa McAL ROCE % Calculation

Ansa McAL's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=1022.199/( ( (17507.084 - 5235.854) + (18488.854 - 5955.489) )/ 2 )
=1022.199/( (12271.23+12533.365)/ 2 )
=1022.199/12402.2975
=8.24 %

Ansa McAL's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=858.684/( ( (18268.543 - 5739.106) + (18940.68 - 5693.702) )/ 2 )
=858.684/( ( 12529.437 + 13246.978 )/ 2 )
=858.684/12888.2075
=6.66 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

* 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.


Ansa McAL  (TRN:AMCL) 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.


Ansa McAL ROCE % Related Terms

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Ansa McAL Business Description

Traded in Other Exchanges
N/A
Address
11 Maraval Road, 9th - 11th Floors, TATIL Building, Port of Spain, TTO
Ansa McAL Ltd is a Trinidad and Tobago conglomerate company engaged in various activities. The company's operating segments include Manufacturing, Packaging, Brewing, and Construction; Automotive, trading, and distribution segment; banking and insurance segment, and Media, Retail, Services, and Parent Company. It generates maximum revenue from the Manufacturing, Packaging, Brewing, and Construction segment, which is engaged in the manufacture of paint, building blocks, container glass, plastic containers, and film, chlorine, caustic soda and bleach, and brewed and non-brewed beverages.

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