JMMB Group (TRN:JMMBGL) ROCE % : 0.00% (As of . 20)

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What is JMMB Group 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. JMMB Group's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

JMMB Group ROCE % Historical Data

The historical data trend for JMMB Group'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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JMMB Group ROCE % Chart

JMMB Group Annual Data

Trend

ROCE %

JMMB Group Semi-Annual Data

ROCE %

JMMB Group ROCE % Calculation

JMMB Group'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

JMMB Group'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.

JMMB Group (TRN:JMMBGL) 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.

JMMB Group ROCE % Related Terms

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JMMB Group (TRN:JMMBGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » JMMB Group Ltd (TRN:JMMBGL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JMMBGL7.00NC.PFD:Jamaica JMMBGL7.25C.PFD:Jamaica

Address

6 Haughton Terrace, Kingston, JAM, 10

Website

https://www.jm.jmmb.com

JMMB Group Ltd is engaged in holding equity investments in business enterprises. Its services include securities brokering, stock brokering, portfolio planning, funds management and investment advisory services. The operating business segments are Financial and related services, Banking and related services, and Other.

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